# MID-SHIP Report: Dry Bulk Freight Market - Mar 26, 2025 - MID-SHIP Group

> MID-SHIP's weekly dry bulk report says Capesize rates eased from a recent peak as iron ore demand softened after Chinese steel mills announced capacity cuts. Panamax rates rose on Pacific basin demand, led by Indonesian and Australian exports and North Pacific grain shipments. Supramax and handysize markets were described as flat to stable.

- Date: 2025-03-26 · published 2025-03-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/25779-mid-ship-report-dry-bulk-freight-market-mar-26-2025-mid-ship-group
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight costs feed into landed grain and meal prices for importers, and Pacific Panamax strength raises the cost of grain and oilseed shipments from North America and Australia. Softer Capesize demand points to weaker iron ore and bulk demand but has little direct effect on feed grain prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- midship.com: https://midship.com/mid-ship-report-dry-bulk-freight-market-mar-26-2025/

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