# Baltic Exchange Shipping Insights - The Business Times

> Capesize rates rose steadily through the week of 3-7 June, with the Cape 5TC climbing from $12,987 to $15,007. Panamax rates held up in the Pacific but softened in the Atlantic as fresh transatlantic stems were lacking.

- Date: 2019-06-09 · published 2019-06-09T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/58803-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger Capesize rates increase ocean freight costs for bulk grain and ingredient shipments, while softer Panamax rates partly offset this for some routes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-insights-95

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