# Platts launches new Atlantic Supramax dry bulk grains freight assessment and time charter equivalents | S&P Global

> S&P Global Platts launched a new daily Supramax freight assessment and two time charter equivalents for grain cargoes from Argentina to Bejaia, Algeria, effective November 2, 2020. The benchmarks reflect growing trans-Atlantic grain trade from South America to the Mediterranean.

- Date: 2020-11-02 · published 2020-11-02T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/50041-platts-launches-new-atlantic-supramax-dry-bulk-grains-freight-assessment-and
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A new price benchmark improves transparency for South American grain freight to North Africa, but it is a data product launch rather than a supply or price shock.

## Read by commodity

- OCEANFRT: neutral

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/110220-platts-launches-new-atlantic-supramax-dry-bulk-grains-freight-assessment-and-time-charter-equivalents

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