# Bulker bosses explain freight price resurgence - FreightWaves

> The Baltic Dry Index hit its highest point since July 2018, and Capesize and Panamax daily rates rose sharply week-on-week on July 9. Executives from several bulk operators attributed the rally to strong demand and tight supply.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58294-bulker-bosses-explain-freight-price-resurgence-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising bulk freight rates increase the cost of moving grain and oilseeds to importers, which supports freight-linked basis and can pressure feed ingredient margins.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/ocean-rate-report-bulker-bosses-explain-freight-price-resurgence

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