# Baltic Exchange Shipping Insights

> Capesize rates were mixed in the week's roundup, with the West Australia to China run slipping to the mid US$8 range for November cargoes. Brazil rates closed above US$18 and transatlantic rates held around the mid US$20,000s daily. Timecharter rates for northwest Europe deliveries held near the low US$30,000s.

- Date: 2017-10-22 · published 2017-10-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68654-baltic-exchange-shipping-insights
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Routine weekly freight wraps show that rate direction is uneven across routes, so ocean grain freight costs for feed buyers depend heavily on origin and destination.

## Read by commodity

- OCEANFRT: neutral

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-125

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