# Baltic Index Gains On Firmer Rates Across Vessel

> The Baltic Exchange's main dry bulk sea freight index rose 53 points, or 3.7 percent, to 1,503 on Wednesday, its sixth straight session of gains. Capesize, panamax and supramax rates all firmed, with the panamax index touching its highest since December 2017.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/63209-baltic-index-gains-on-firmer-rates-across-vessel
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher dry bulk freight raises the delivered cost of grain and oilseed cargoes, particularly panamax grain shipments, which can narrow FOB-to-landed margins for feed importers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- marinelink.com: https://www.marinelink.com/news/baltic-index-gains-firmer-rates-across-441930

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