# Doric Weekly Market Insight — Breakwave Advisors

> Baltic Capesize and Panamax indices rose in the fourteenth week of 2023, while Supramax and Handy indices slipped. China's manufacturing PMI eased to 51.9 in March, and Refinitiv forecast Brazil's 2022/23 soybean exports at 92.8 million tonnes.

- Date: 2023-04-10 · published 2023-04-10T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/36603-doric-weekly-market-insight-breakwave-advisors
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Strong Brazilian soybean export forecasts support seaborne supply and freight demand, while weaker Chinese manufacturing softens demand signals for feed commodities.

## Read by commodity

- SOY: neutral
- OCEANFRT: neutral

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2023/4/10/doric-weekly-market-insight

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