# Signal Ocean Dry Weekly Market Monitor - Week 39.2024 | Air Freight News

> Signal Ocean's weekly monitor reports that Capesize ballast speeds rose in September on firmer freight rates, while other dry vessel classes kept a downward trend. Tight vessel availability supported the Brazil-to-China Capesize route, and iron ore futures in Dalian jumped after new Chinese stimulus measures.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28513-signal-ocean-dry-weekly-market-monitor-week-39-2024-air-freight-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tighter Capesize availability on the Brazil-to-China route tends to lift ocean freight costs for bulk exports, which feeds into landed soybean and grain prices for Chinese buyers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- airfreight.news: https://airfreight.news/articles/full/signal-ocean-dry-weekly-market-monitor-week-39.2024

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