# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Signal Ocean's weekly report shows freight firmness across Capesize, Handysize and Panamax segments. Iron ore prices fell to a two-month low on COVID restrictions in China, while China's April coal imports jumped 43% from March amid Russia-Ukraine supply concerns. Chicago wheat futures topped $11 per bushel after weather and export restrictions tightened supply.

- Date: 2022-05-12 · published 2022-05-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41600-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

Higher wheat values and firm freight raise feed input costs, while weaker Chinese iron ore demand signals softer bulk demand outlook.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2022/5/12/signal-dry-bulk-weekly-report

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