# DRY BULK QUARTERLY: Atlantic Panamax markets rebalance as participants chase duration

> Atlantic Panamax and Kamsarmax dry bulk markets saw a seasonal rise in Q3 with rates back at yearly highs, though charterers doubt the strength will last into Q4. Southern fronthaul rates such as Santos-Qingdao grain had rallied about 40% from early-June lows.

- Date: 2023-10-02 · published 2023-10-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33515-dry-bulk-quarterly-atlantic-panamax-markets-rebalance-as-participants-chase
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Dry bulk freight rates feed directly into the landed cost of grain and oilseeds shipped from South America and the US Gulf. Expectations of a slower Q4 transition point to softer freight costs ahead.

## Read by commodity

- OCEANFRT: neutral

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/shipping/100223-dry-bulk-quarterly-atlantic-panamax-markets-rebalance-as-participants-chase-duration

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