# Baltic Exchange Shipping Insights - The Business Times

> The Business Times weekly roundup reports capesize rates rising from $18,930 to $23,865 on the Capesize 5TC, with Brazil loading windows for late December tightening tonnage. Panamax gains were led by the Atlantic, with East Coast South America grain front-haul activity noted.

- Date: 2019-12-01 · published 2019-12-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/55466-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tightening tonnage on the Brazil and Atlantic routes raises ocean freight costs for grain and soybean exports, which can widen the premium for US and Argentine origin cargoes into Asia.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-132

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