# Baltic Exchange Mulls New Freight Indexes For Grains,

> The Baltic Exchange, now owned by Singapore Exchange, is considering new freight indexes for grains and LNG, including a possible benchmark route from South America or the US to China. CEO Mark Jackson said the grain index would add volatility and trading opportunities.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/70684-baltic-exchange-mulls-new-freight-indexes-for-grains
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A grain freight benchmark would give traders a hedging tool for ocean freight on US and South American feed grain flows to China, but it has no near-term effect on prices.

## Read by commodity

- OCEANFRT: neutral

## Sources

- marinelink.com: https://www.marinelink.com/news/exchange-freight-indexes426362

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