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Panama Canal officials expect shifts in global trade patterns. Bunkering volumes fell 30% from March to July due to the pandemic, but refuelling in Panama continued.
Officials said volumes were growing again that year.
Changes in canal traffic affect shipping routes and freight costs for grain and oilseed exports. The impact on feed commodity prices is modest.
seatrade-maritime.comMichele LabrutNov 25, 2020Not 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.
