Loading…
The Baltic Exchange weekly roundup for the week ending July 31, 2026 says capesize rates started weak on subdued Atlantic cargo volumes and easing bunker prices, then recovered toward the $34,000 per day area by Friday. Pacific rates firmed on stronger miner and operator activity, while the North Atlantic stayed subdued.
Capesize earnings are driven mainly by iron ore and coal rather than grain, so this weekly move has limited direct effect on feed grain prices. It does signal firmer ocean freight costs for bulk shippers.
businesstimes.com.sgJul 31, 2026Not 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.
