# Mixed week for shipping market | World Ports Organization

> 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.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39032-mixed-week-for-shipping-market-world-ports-organization
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Routine freight moves show steady-to-softer bulk rates, which modestly lowers the landed cost of imported feed grains and US Gulf export competitiveness.

## Read by commodity

- OCEANFRT: neutral

## Sources

- worldports.org: https://www.worldports.org/mixed-week-for-shipping-market/

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