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The Baltic Exchange will publish forward curves from 12 March 2019 for Panamax grain route P8, which runs from Santos, Brazil to Qingdao, China. The route has been live since 18 February 2019 and the exchange is seeking member feedback.
A published forward curve for the Brazil-China soybean freight route improves price discovery and hedging for soybean shippers, with no immediate change in rates.
balticexchange.comMar 11, 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.
