# Dry Bulk: Rates For Larger Vessels Slip

> The Baltic dry bulk index ended a 10-session winning streak as capesize and panamax rates fell. The overall index dropped 2.3% to 3,343, and the panamax index fell to 3,145.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/43806-dry-bulk-rates-for-larger-vessels-slip
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower panamax rates reduce the cost of shipping grain and coal, which modestly eases landed costs for feed importers, though iron-ore demand uncertainty limits the decline.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- marinelink.com: https://www.marinelink.com/news/dry-bulk-rates-larger-vessels-slip-492716

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