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Dry bulk spot freight rates fell in the week to March 27, with the Panamax index down about 10% and the Supramax index losing 13%. Capesize rates posted a small gain, while Handysize rates declined on slower Atlantic activity.
Weaker dry bulk spot rates lower the cost of moving grains and oilseeds, but the decline also signals softer global trade demand.
coalspot.comMar 29, 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.
