# Dry cargo futures roar while physical market sinks further

> Open interest in dry freight futures has reached its highest level in up to seven years for some bulker segments after recent sell-offs. The physical dry bulk market continues to suffer from weak demand and depressed rates, though some signs of improvement have emerged.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54304-dry-cargo-futures-roar-while-physical-market-sinks-further
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising futures open interest alongside weak physical rates points to hedging and speculative activity in freight, with physical ocean freight still under pressure. This keeps grain and oilseed shipping costs subdued.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/dry-cargo-futures-roar-while-physical-market-sinks-further/2-1-784061?zephr_sso_ott=5hnwy6

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