# Dry Bulk Shipping: Uncertainty mounts against a backdrop of weaker growth in Chinese imports - Maritimes

> Dry bulk shipping faces uncertainty as Chinese import growth weakens and cargo volumes fall in early 2019. Supramax, Panamax and Handysize earnings were around $6,000 per day at the end of January, well below breakeven. Brazilian soybean export season is cited as a potential source of future support.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/60799-dry-bulk-shipping-uncertainty-mounts-against-a-backdrop-of-weaker-growth-in
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weak bulk freight demand keeps ocean grain freight cheap, which narrows the cost gap for importers. Upcoming Brazilian soybean exports could support freight later in the year if demand materializes.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- maritimes.gr: https://maritimes.gr/en/dry-bulk-shipping-uncertainty-mounts-against-a-backdrop-of-weaker-growth-in-chinese-imports/

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