# Dry bulk has long way to go despite stronger rates

> Fearnley Securities says dry bulk rates were stronger in the latest quarter, as shown in first-half carrier results, but remain too low to ensure positive profits. KCC guides for record fourth-quarter rates after profit rises.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/70181-dry-bulk-has-long-way-to-go-despite-stronger-rates
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Improving carrier earnings and guidance for strong fourth-quarter rates suggest firmer ocean freight costs ahead, though the sector is still fragile.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- shippingwatch.com: https://shippingwatch.com/carriers/Bulk/article9754984.ece

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