# MSI: Strong Dry Bulk Market May Not Persist in 2H | World Maritime News

> Maritime Strategies International forecast a positive short-term outlook for dry bulk freight rates but cautioned about the second half of 2017. Sentiment has shifted persistently upward, with most Baltic indices at their highest levels of the year. Capesize, Panamax and Handysize spot rates have all risen, supported by Brazilian iron ore exports and Chinese coal imports.

- Date: 2017-04-18 · published 2017-04-18T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/71698-msi-strong-dry-bulk-market-may-not-persist-in-2h-world-maritime-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger dry bulk rates raise ocean freight costs for grain and feed shipments, adding to landed prices for importers. MSI's expected fade in support in Q2 and Q3 points to easing freight costs later in the year.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- worldmaritimenews.com: https://worldmaritimenews.com/archives/217861/msi-strong-dry-bulk-market-may-not-persist-in-h2-2017/

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