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Handysize dry bulk rates in the Black Sea and Mediterranean rose despite limited cargo flows and excess open vessels, with daily time-charter rates of $8-14k discussed. Brokers report limited grain offers from Ukraine and Russia and only slightly brisker shipments from EU ports.
Firmer small-vessel freight from the Black Sea raises the delivered cost of grain and feed ingredients into Mediterranean and North African buyers, though thin cargo flows limit the price impact.
ismreport.comMar 3, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
