# Dry bulk rates continue to sink into the doldrums - FreightWaves

> FreightWaves reports that dry bulk freight rates remain depressed on April 11, 2019. Capesize rates for a 180,000 dwt ship rose about 25% in a week to $4,238 per day on Australia to North Asia routes, but the market has been weak since September 2018.

- Date: 2019-04-11 · published 2019-04-11T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/59786-dry-bulk-rates-continue-to-sink-into-the-doldrums-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weak dry bulk rates reflect soft cargo demand, mainly iron ore, and lower freight costs for grain shipments. The impact on feed grain prices is limited.

## Read by commodity

- OCEANFRT: neutral

## Sources

- freightwaves.com: https://www.freightwaves.com/news/maritime-20190411-dry-bulk-shipping-report

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