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The Business Times' weekly Baltic Exchange roundup reports tanker and dry-bulk rate moves for the week to November 30. VLCC rates to China firmed to WS 96, Suezmax and Aframax rates shifted, and clean tanker rates rose on tighter tonnage in several routes.
Tanker and freight rate movements reflect fuel and shipping cost conditions that feed into ocean freight for feed ingredients. The story describes routine rate moves without a new driver for grain or meal prices.
businesstimes.com.sgDec 2, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
