Loading…
Atlantic Panamax freight rates remained under pressure in mid-February, with trans-Atlantic round voyages falling to the US$9,000s daily. Far East Handysize rates also eased by about US$100-200 on average over the past week.
Soft Panamax and Handysize rates reduce shipping costs for grain and meal cargoes, a mild bearish factor for delivered feed ingredient prices.
bmti-report.comHans PiperFeb 12, 2018Not 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.
