# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Freight rates continued their weak momentum, while seaborne flows are gradually recovering. The report also covers iron ore rising above $100 on Chinese intervention and expectations that China will lift its ban on Australian coal imports.

- Date: 2022-07-21 · published 2022-07-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40677-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Dry bulk freight weakness lowers ocean grain transport costs, while the focus here is mainly on iron ore and coal, which have limited direct effect on feed commodity prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2022/7/21/signal-dry-bulk-weekly-report

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