# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Signal's April 20 dry bulk report describes firmer freight sentiment, with Panamax congestion rising at Chinese ports. Iron ore at Tianjin was near $150/t as Chinese steelmakers resumed output, and India moved to increase imported coal use for power generation amid domestic supply worries.

- Date: 2022-04-20 · published 2022-04-20T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/42046-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising Chinese port congestion and increased Indian imported coal demand support near-term bulk freight rates, which lift ocean grain shipping costs for feed importers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2022/4/20/signal-dry-bulk-weekly-report

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