# Another week of positive momentum across bulk carrier classes | Dry Bulk

> Dry bulk rates advanced in mid-November, with the Pacific capesize market supported by Japanese tender cargoes and coal shipments and the Atlantic capesize C3 index gaining over US$2 to US$22.589. Panamax activity also picked up in the Atlantic, driven by grain demand ex US Gulf and North South America.

- Date: 2023-11-17 · published 2023-11-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33368-another-week-of-positive-momentum-across-bulk-carrier-classes-dry-bulk
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Routine freight gains tied to grain and coal cargo flows reflect steady bulk demand, but the moves are incremental and have limited direct impact on feed ingredient prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- drybulkmagazine.com: https://www.drybulkmagazine.com/dry-bulk/17112023/another-week-of-positive-momentum-across-bulk-carrier-classes/

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