# Bulk report – Week 17

> The Baltic Exchange weekly bulk report for week 17 says the Capesize time charter average settled at $19,080, up $2,810 week-on-week, with Brazil to China and West Australia to China routes improving. Panamax activity was lacklustre, with North Atlantic tonnage heavy and Asian round-trip rates steady.

- Date: 2023-04-28 · published 2023-04-28T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/36597-bulk-report-week-17
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher dry bulk freight rates raise the landed cost of grain and oilseed shipments from South America and Australia, which can widen FOB-to-delivered spreads for feed buyers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2023/bulk-report-week-17.html

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