# Bulk report – Week 44

> The Baltic Exchange weekly bulk report for week 44 describes capesize rates falling 8,866 points week-on-week to close at $27,199 per day, with a modest firming later in the week. Panamax values saw sharp corrections, with older vessels fixing below $20,000 on shorter trips.

- Date: 2021-11-05 · published 2021-11-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44244-bulk-report-week-44
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weakening capesize and panamax earnings lower the cost of moving bulk grain cargoes, supporting lower freight-inclusive import costs. The sustained losses reflect softer demand in key basins.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2021/bulk-report-week-44.html

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