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The weekly Baltic Exchange roundup says Pacific capesize activity was thin and rates slipped slightly in the week to June 16. Atlantic fronthaul activity rose, and the Panamax market was mostly flat.
Routine weekly freight commentary with no new cause, so it signals little change in ocean grain freight costs. Buyers should treat it as background.
businesstimes.com.sgJun 18, 2023Not 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.
