# Bulk report – Week 18

> Capesize dry bulk market was uneventful in the week, with holidays in Asia limiting activity and West Australia to China volumes relatively low. Panamax rates slipped steadily across routes, with a Santos to China fixture reported at $42.75 fio and Indonesian coal trips easing from about $13,500 to $12,500.

- Date: 2023-05-05 · published 2023-05-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36117-bulk-report-week-18
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight rate softness reflects weak near-term demand for bulk shipping, which can lower delivered costs for imported feed ingredients but signals limited support for grain shipments.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2023/bulk-report-week-18.html

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