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Tighter dry-bulk supply in the Atlantic and stronger coal demand are supporting capesize shipping rates. The article is a short market note with few details beyond that.
Firmer capesize earnings in the Atlantic raise ocean freight costs for bulk commodity shipments, a modest headwind for grain and meal import costs.
tradewindsnews.comMichael AngellNov 22, 2017Not 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.
