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Capesize and Panamax markets had a slow start to the week of April 24, with thin volume and profit taking late in the week. North Atlantic tonnage was tight at the start of the week, and grain trades were paying a premium.
Firmer grain-trade premiums on Panamax tonnage point to higher ocean freight for feed grain cargoes, adding modest upward pressure on delivered costs.
maritimes.grmaritimesApr 24, 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.
