# Dry bulk FFA market: Tipping point for freight market to end the bull

> The Baltic Dry Index neared 1,740 in the week to August 24, 2018, supported by firmer freight derivatives. A softer physical Atlantic market and a Singapore holiday on August 22 limited the gains. Capesize paper was range-bound, and the C5 route was the only firm area.

- Date: 2018-08-24 · published 2018-08-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63730-dry-bulk-ffa-market-tipping-point-for-freight-market-to-end-the-bull
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Dry bulk freight costs feed into landed grain and meal prices, so softer Atlantic capesize activity points to limited near-term support for ocean freight. Traders see the bull run as close to ending.

## Read by commodity

- OCEANFRT: neutral

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-tipping-point-for-freight-market-to-end-the-bull-run

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