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Bulk carrier Suez Canal transits totaled 986 in Q4 2025, the strongest quarter since Q3 2024, though full-year 2025 transits fell about 18%. Analysts expect a gradual Suez recovery in 2026, supporting Black Sea grain and iron ore flows.
Greater Suez use shortens tonne-miles and reduces demand for dry bulk shipping, which tends to lower freight rates for grain exports.
Not enough comparable past events yet for a historical read.
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.