# Circular 18/17 New Panamax voyage grain route

> The Baltic Exchange is consulting market participants on two proposed New Panamax grain voyage routes, Mississippi River to Qingdao and Santos to Qingdao, to decide which to report. Comments are due by 25 April 2017 before a recommendation goes to the Baltic Index Council.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/71406-circular-18-17-new-panamax-voyage-grain-route
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A standardized grain freight benchmark would improve price transparency for ocean grain shipping, which buyers can use to hedge freight costs on US and Brazilian cargoes to China.

## Read by commodity

- OCEANFRT: neutral

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/Circulars/market-announcements-/category-a/2017/circular-18-17-new-panamax-voyage-grain-route.html

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