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Demand for smaller bulk carriers is rising as China is expected to import 26 million tonnes of corn over a 12-month period. The strength in the commodity boom is lifting rates for dry bulk shipping's smaller vessels.
Higher charter rates for smaller ships increase freight costs on grain flows into China, supporting delivered prices for imported feed grains.
tradewindsnews.comMichael JulianoMay 21, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
