# Dry bulk FFA market: Freight market hit by World Cup lull

> Dry bulk freight remained quiet in the week of June 25 with minimal physical activity in the Capesize market. The Capesize 5 time charter average fell to $16,070 by June 27, while Panamax rose slightly to $10,642.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64705-dry-bulk-ffa-market-freight-market-hit-by-world-cup-lull
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower capesize earnings reflect thin cargo demand and trade-tension worries, while Panamax firmness supports grain freight costs. Feed buyers face modest freight swings with no decisive trend.

## Read by commodity

- OCEANFRT: neutral

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-freight-market-hit-by-world-cup-lull

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