# Dry bulk FFA market – Riding the waves

> The Baltic Dry Index fell to 1,222 points on Wednesday after reaching a four-month high of 1,266 on Monday. Capesize freight fell as more offers came in on physical and paper markets, with September values down and Cal 18 trading lower.

- Date: 2017-08-25 · published 2017-08-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69652-dry-bulk-ffa-market-riding-the-waves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A pullback in dry-bulk freight lowers the cost of moving grain and oilseeds on the water, a modest bearish signal for ocean freight.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-riding-the-waves

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