# Bulk report – Week 48

> The Baltic Exchange bulk report for week 48 shows the capesize index and 5TC time-charter average recovering to late-October levels, with BCI at 4594 and 5TC at $38,096. Tonnage was tight in both basins, and Panamax rates rose on Atlantic grain and mineral demand.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/43805-bulk-report-week-48
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Firmer Panamax and capesize rates raise the cost of moving grain and oilseed cargoes from South America and the Black Sea, which can widen FOB-to-delivered spreads for feed importers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2021/bulk-report-week-48.html

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