# Capesize rates slip amid improving dry bulk market

> Capesize rates slipped while panamax, supramax and handysize vessels continued a gradual upward trend. The article reports the segment divergence in dry bulk freight. Coverage is limited to the rate movements by vessel class.

- Date: 2020-02-24 · published 2020-02-24T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/54788-capesize-rates-slip-amid-improving-dry-bulk-market
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Mixed moves across vessel classes leave the overall ocean freight direction unclear. Panamax strength supports grain shipping costs, while capesize weakness reflects softer iron ore and coal demand.

## Read by commodity

- OCEANFRT: neutral

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/capesize-rates-slip-amid-improving-dry-bulk-market/2-1-761612

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