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Capesize rates softened for much of the week, with C5 slipping from the low $10s to $9.50 by mid-week before a late recovery. The BCI 5TC opened at $27,063, dipped to $25,067 on Wednesday, and finished at $26,968.
Panamax rates were mostly flat to slightly higher.
Softer Capesize and Panamax rates lower the ocean freight cost of moving grain and oilseeds, which can narrow CIF spreads for importers. The effect on feed prices is modest because the week ended with partial recovery.
worldports.orgMonica GermanyNov 17, 2025Not 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.
