# Dry Bulk Market: Capesize Market Faces The Doldrums as 2019 Ends - Maritimes

> 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.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/55758-dry-bulk-market-capesize-market-faces-the-doldrums-as-2019-ends-maritimes
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- maritimes.gr: https://maritimes.gr/en/dry-bulk-market-capesize-market-faces-the-doldrums-as-2019-ends/

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