# Dry Bulk Report

> Capesize rates fell to near historical lows as the Baltic Capesize route 5TC dropped and the C8 Atlantic route weakened. Cyclone Veronica disrupted Pacific ports and Rio Tinto declared force majeure at Port Walcott.

- Date: 2019-03-31 · published 2019-03-31T12:00:00.000Z
- Category: logistics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60298-dry-bulk-report
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weak dry bulk freight rates lower the cost of moving commodities by sea, but disruptions at iron ore ports are a dry bulk story with little direct effect on feed grain prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- services.naftemporiki.gr: https://services.naftemporiki.gr/finance/story/1459825/dry-bulk-report

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