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Panama Canal transits rose 10% month on month in December on higher VLGC traffic, and panamax transits rose 5%. The canal handled 34.6 transits per day, the highest average since February 2025, and officials say it is operating near full capacity.
Improved canal throughput eases logistics for Gulf and Pacific grain and bulk cargoes, which can help keep freight costs contained.
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Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.