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The Cape market remained resilient, with C3 ore fixtures in the mid-to-upper $24s after rising about a dollar on Brazil-China runs. Panamax sentiment improved in the Atlantic, while Supramax and Handysize markets were mixed to steady.
Cargo availability was thin in Southeast Asia.
Firmer Cape and Panamax rates raise the cost of shipping grains and oilseeds from South America and the Atlantic, which supports freight-inclusive import prices. The gains are small and charterers are resisting larger increases.
midship.comFrankNov 19, 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.
