# Bulk report – Week 46

> The Baltic Exchange weekly bulk report for week 46 shows the capesize timecharter average falling $2,350 to $12,498, driven by weak FFA sentiment and a lack of fresh cargo before year-end. Panamax rates were mixed, with US Gulf grain demand largely served by ballast tonnage.

- Date: 2020-11-13 · published 2020-11-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50353-bulk-report-week-46
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weaker dry bulk freight raises the cost of shipping grain and oilseeds from origin, which can narrow FOB export basis for US and South American exporters while leaving feed buyers' delivered costs roughly stable.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2020/bulk-report-week-46.html

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