# Freight derivative trade volumes up in 2018

> Baltic Exchange data show Forward Freight Agreement trading volumes rose in 2018, with dry bulk volumes up 1.4% and panamax options up 65%. Open interest in dry freight derivatives also climbed sharply by early January 2019.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61284-freight-derivative-trade-volumes-up-in-2018
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising freight derivative activity reflects heavier hedging of shipping costs but does not by itself signal a directional change in ocean grain freight rates.

## Read by commodity

- OCEANFRT: neutral

## Sources

- ajot.com: https://www.ajot.com/news/freight-derivative-trade-volumes-up-in-2018

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