# Circular 09/19 - Panamax Grain Route P8 commencing Forward Curves

> 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.

- Date: 2019-03-11 · published 2019-03-11T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/60005-circular-09-19-panamax-grain-route-p8-commencing-forward-curves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: neutral

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/Circulars/market-announcements-/category-a/2019/circular-09-19---panamax-grain-route-p8-commencing-forward-curve.html

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