# Dry bulk FFA market: Back to the top?

> The Baltic Dry Index rose from 884 to 929 points during the week of June 26-30, 2017, breaking 900. Capesize rates jumped about 17% in two days on iron ore and coal buying, and panamax rates edged higher despite reports of a proposed coal import ban at second-tier Chinese ports.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/70685-dry-bulk-ffa-market-back-to-the-top
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger Chinese buying of raw materials lifts freight costs for bulk grain and meal cargoes, while the proposed Chinese port restrictions add uncertainty to panamax demand.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-back-to-the-top-

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