# Dry bulk FFA market: The only way is up

> Capesize FFA rates rebounded after a series of sharp falls, with the 5TC contract rising from $6,305 on Monday to $7,185 on Wednesday, up 14%. The Baltic Dry Index rose to 859 points, its third straight daily gain.

- Date: 2017-07-14 · published 2017-07-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/70175-dry-bulk-ffa-market-the-only-way-is-up
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight rebounds raise the cost of moving bulk commodities such as grain and soybeans from origin, which can narrow FOB basis and lift delivered feed costs; the rally is paper-led and not yet confirmed in physical cargo demand.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-the-only-way-is-up

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