# Dry Bulk Market: Capesizes On the March For Yet Another Week | Hellenic Shipping News Worldwide

> Capesize dry bulk rates rose to new highs for the year, with the C5TC gaining $4,805 over the week to $37,538. Atlantic routes strengthened, with the transatlantic up $8,900 to $32,150 on fixtures including grain and mineral trips. Panamax was flat as Asian holidays offset positive fundamentals.

- Date: 2022-05-23 · published 2022-05-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41598-dry-bulk-market-capesizes-on-the-march-for-yet-another-week-hellenic-shipping
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight rate strength raises shipping costs for grain and feed ingredient cargoes, particularly Brazil and US Gulf routes, which can narrow FOB-to-delivered spreads for feed buyers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- hellenicshippingnews.com: https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-on-the-march-for-yet-another-week/

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