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Dry bulk market commentary for the week ending January 26 describes mixed sentiment, with capesize tonnage shortages in the North Atlantic and a Pacific slowdown tied to North China weather. The BCI 5TC rose $410 to US$17,708 by week's end.
Routine freight wrap showing modest firming in capesize rates; the move is small and mainly reflects weather and tonnage balance, with limited direct effect on grain feed prices.
worldports.orgJan 29, 2024Not 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.
