# Panamax bulker rates on South America’s east coast ‘not improving’ as volatility persists

> Panamax bulker spot rates on the East Coast of South America have been volatile, with BRS Group saying they are not improving. Spot rates for vessels coming from the US showed some improvement, while owners remain concerned about the futures market.

- Date: 2022-07-27 · published 2022-07-27T12:00:00.000Z
- Category: logistics · region South America · magnitude low
- Page: https://feedsoft.ai/events/40676-panamax-bulker-rates-on-south-america-s-east-coast-not-improving-as-volatility
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher or volatile Panamax freight from South America raises landed costs for soybean meal and corn imports into the region and affects export arbitrage for feed ingredients.

## Read by commodity

- OCEANFRT: neutral

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/panamax-bulker-rates-on-south-america-s-east-coast-not-improving-as-volatility-persists/2-1-1267599

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