# Freight rates slightly higher on Chinese port congestions - Fastmarkets

> Dry bulk freight rates rose for a second straight week, driven by congestion at Chinese ports after Typhoon Chanthu and COVID-related lockdowns in Putian. Fuel costs also edged higher.

- Date: 2021-09-22 · published 2021-09-22T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/44970-freight-rates-slightly-higher-on-chinese-port-congestions-fastmarkets
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Port bottlenecks and higher fuel costs push up ocean freight on grain and oilseed routes, raising landed feed costs for importers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/freight-rates-slightly-higher-on-chinese-port-congestions/

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