# Baltic Exchange Shipping Insights - The Business Times

> 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.

- Date: 2026-07-31 · published 2026-07-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18554-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/baltic-exchange-shipping-insights80

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.