# Baltic Exchange Shipping Insights - The Business Times

> Capesize rates on the West Australia to China run dipped below $6.00 before recovering, and Panamax rates fell across most routes during the week. Timecharter and voyage rates were reported lower for several routes in the Baltic Exchange weekly roundup.

- Date: 2019-01-20 · published 2019-01-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61286-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Softer Panamax and Capesize rates lower ocean freight costs for grain and feed ingredient imports, a modest bearish signal for delivered feed prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-insights-62

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