# Dry bulk FFA market: Capesizes are coming home

> Capesize dry-bulk freight rates rebounded to around $20,000 per day in early July, with the Capesize 5 time charter posting $22,847 after a daily gain. Panamax paper came under pressure amid cautious trading, and Asia-Pacific and Atlantic routes diverged.

- Date: 2018-07-05 · published 2018-07-05T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/64246-dry-bulk-ffa-market-capesizes-are-coming-home
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Capesize strength raises ocean freight costs for bulk grain and soybean cargoes, although the sector is mainly driven by iron ore and coal rather than farm trade.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-capesizes-are-coming-home

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