# End of the season for bulk carriers? - Splash247

> Splash Extra argues the dry bulk market is ending a four-year cycle, with the freight peak reached earlier than expected. Factors cited include Fed tightening, a strong dollar, weak Chinese GDP, Hebei steel curbs, and a European energy crisis. Capesize C5TC averaged $11,781 in September before rising to $18,584 in early October.

- Date: 2022-10-25 · published 2022-10-25T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/39310-end-of-the-season-for-bulk-carriers-splash247
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Bearish freight sentiment across dry bulk signals weaker shipping demand and softer bulk freight costs, with limited direct impact on feed grain prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- splash247.com: https://splash247.com/end-of-the-season-for-bulk-carriers/

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