# Panamaxes shine in BDI’s latest rise

> The Baltic Dry Index rose again, with Panamax rates leading and Capesize rates easing as charterers shifted to smaller ships. The article describes the rate move without a single new cause.

- Date: 2016-11-15 · published 2016-11-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/74041-panamaxes-shine-in-bdi-s-latest-rise
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight rate moves affect the delivered cost of bulk grains and meal, but this routine wrap adds little new supply or demand information.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/dry-cargo/panamaxes-shine-in-bdi-s-latest-rise/1-1-1191308

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