# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Breakwave's weekly dry bulk report says freight rates weakened in January 2023 across capesize, panamax and supramax segments, with more ballast vessels and lower demand growth. It notes that hopes for a Chinese reopening boost to iron ore imports have not yet lifted rate sentiment.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37992-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weaker spot freight rates lower the cost of moving grain and oilseeds by sea, which can narrow origin-destination spreads for feed importers.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2023/1/19/signal-dry-bulk-weekly-report

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