# BMTI Dry Bulk Market Update (12 Jan 2018) - BMTI – Trend Experts for Shipping

> Capesize spot activity picked up late in the week of 12 January 2018 but did not signal a sustained recovery, while long-haul rates continued to fall. Supramax rates in the Atlantic rose to as much as $25,000 per day on the US Gulf market, and Panamax derivatives suggested a possible bounce.

- Date: 2018-01-12 · published 2018-01-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67174-bmti-dry-bulk-market-update-12-jan-2018-bmti-trend-experts-for-shipping
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Dry bulk freight rates shape the landed cost of imported feed ingredients and grains. Firm Supramax rates in the Atlantic raise shipping costs for US Gulf grain and fertilizer exports, while weak long-haul rates ease costs on some routes.

## Read by commodity

- OCEANFRT: neutral

## Sources

- bmti-report.com: https://www.bmti-report.com/bmti-dry-bulk-market-update-12-jan-2018/

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