Loading…
World Ports Organization's weekly shipping wrap says Capesize averages fell $790 to $17,175 per day, with Panamax rates mixed and supported in Asia by NoPac demand. US Gulf grain fixtures were noted, with delays at the Neo-Panama Canal affecting rates.
Routine freight moves show steady-to-softer bulk rates, which modestly lowers the landed cost of imported feed grains and US Gulf export competitiveness.
worldports.orgOct 24, 2022Not 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.
