# Handy, panamax trade driven apart on Ukraine's contrasting corn outlooks - Fastmarkets

> Weak demand for staple corn in Ukraine and aggressive South American competition are pushing down prices for handy-sized cargoes. Panamax-capable ports are holding higher offers, with a price gap that has widened from $1-2/mt to $3-7/mt as China and Iran seek larger parcels. Handy-size offers at smaller ports were about $261-265/mt FOB for April loading.

- Date: 2021-03-19 · published 2021-03-19T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/47996-handy-panamax-trade-driven-apart-on-ukraine-s-contrasting-corn-outlooks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Price gaps between port types show that smaller Ukrainian corn cargoes are under pressure from South American supply. Larger-vessel demand from China and Iran is holding up premium cargoes.

## Read by commodity

- CORN: neutral
- OCEANFRT: neutral

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/handy-panamax-trade-driven-apart-on-ukraine-s-contrasting-corn-outlooks/

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