# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Iron ore futures rose toward the end of September on Chinese stimulus and construction activity, with the October Singapore benchmark up 1.5% to $97.05 per tonne. Coal prices stayed near historic highs as energy crises pushed economies toward coal, and Chicago wheat futures fell below their September 22 three-month high of $9 on a strong dollar and supply expectations.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39778-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Firmer iron ore and coal demand supports dry bulk freight rates, while the wheat decline reflects a stronger dollar and weaker export demand that may pressure grain prices.

## Read by commodity

- WHEAT: bearish ▼
- OCEANFRT: bullish ▲

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2022/9/30/signal-dry-bulk-weekly-report

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