# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Signal Ocean's weekly dry bulk report says freight sentiment weakened in late June. Iron ore rose about 5% in Dalian to a one-week high on hopes for Chinese demand, but Beijing has not announced specific stimulus. Coal output in Poland and Ukraine is rising ahead of winter, and Germany, Austria and the Netherlands are preparing more coal-fired generation.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41153-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Softer dry bulk freight rates lower the cost of moving feed grains and oilseeds, which weighs on ocean freight prices. Chinese steel weakness limits the broader commodity demand outlook.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2022/6/29/signal-dry-bulk-weekly-report

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