# Baltic Exchange Shipping Insights - The Business Times

> Baltic Exchange weekly roundup shows capesize rates lost value on most major routes amid macro concerns, while Panamax rates were under pressure in the Atlantic. Some South American grain Panamax fixtures held near $10,000 per day to SE Asia/India.

- Date: 2020-05-03 · published 2020-05-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53342-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weak dry bulk freight rates lower the cost of moving grain and oilseeds on the Atlantic, modestly easing landed feed costs for importers, though South American grain freight remains relatively firm.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-171

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