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Capesize dry-bulk rates fell across all routes in the week to December 13, with the Capesize 5TC dropping $5,702 to about $18,002 per day, a near six-month low. Panamax rates rose on Atlantic grain cargoes and US Gulf activity.
Higher Panamax grain freight from the US Gulf and South America raises delivered costs for feed importers, while weak capesize rates signal soft bulk demand.
maritimes.grDec 16, 2019Not 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.
