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The Capesize index rose about 21% in a week to roughly $11,584 per day, and the Panamax market gained around 50% over three weeks, led by the Pacific on Australian and Indonesian volumes. Supramax rates surged over 50% since early February.
Stronger dry bulk freight rates raise the cost of moving grains and oilseeds by sea, which can widen origin-destination spreads and support landed feed costs.
midship.comFrankFeb 27, 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.
