# Dry bulk FFA market: All boats rise but brokers call for caution

> Capesize 5TC rose 8% from $7,780 to $8,411 between Monday and Wednesday, lifting the Baltic Dry Index to 948. Brokers cautioned that the physical market may lag the paper gains.

- Date: 2017-07-21 · published 2017-07-21T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/70178-dry-bulk-ffa-market-all-boats-rise-but-brokers-call-for-caution
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising capesize rates, driven by strong Chinese iron ore imports, can tighten bulk shipping availability and raise ocean freight costs for grain and meal exports.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-all-boats-rise-but-brokers-call-for-caution

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