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The Baltic index was flat at 421 on Thursday, as higher panamax rates offset weaker capesize and supramax rates. The main index had slid to a near four-year low of 411 earlier that week.
Stable panamax rates, which carry grain cargoes, leave ocean freight costs roughly unchanged. The day's move has little price impact on feed commodities.
marinelink.comAnjishnu MondalFeb 13, 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.
