# Panamax Freight Rates Dip After Two-Week Surge

> Baltic Exchange panamax spot rates fell by about $242 per day on Friday to $16,623, ending a two-week climb. The decline followed softer coal demand and rates that fell across benchmark routes, though period deal interest stayed firm.

- Date: 2025-08-30 · published 2025-08-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23507-panamax-freight-rates-dip-after-two-week-surge
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Softer panamax rates modestly ease ocean freight costs for grain and oilseed cargoes, though strong South American demand limits the downside.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- nauticalvoice.com: https://nauticalvoice.com/panamax-freight-rates-dip-after-two-week-surge/56748/

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