# Klaveness: Multiple factors behind dry rally

> Klaveness, a shipowner, says several factors are driving the current dry bulk rally, including Chinese coal demand, record US grain exports and higher commodity prices. Together they are lifting dry bulk earnings.

- Date: 2016-11-21 · published 2016-11-21T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/74040-klaveness-multiple-factors-behind-dry-rally
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger dry bulk freight raises the cost of moving grain and oilseeds by sea, which can narrow FOB-to-CIF spreads for feed importers and firm landed prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/dry-cargo/klaveness-multiple-factors-behind-dry-rally/1-1-1192877

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