# MSI: Dry Bulk Market Heading Into a Firm Festive Season | World Maritime News

> Maritime Strategies International expects Capesize spot rates to reach their highest since mid-2015 in November, driven by falling Chinese domestic coal and iron ore supply. MSI expects rates to fall back below operating costs in the New Year as iron ore and coal trade weakens.

- Date: 2016-11-21 · published 2016-11-21T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/74042-msi-dry-bulk-market-heading-into-a-firm-festive-season-world-maritime-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight spikes raise bulk shipping costs for grain and feed ingredients, while the expected early-2017 decline would ease those costs again.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- worldmaritimenews.com: https://worldmaritimenews.com/archives/206924/msi-dry-bulk-market-heading-into-a-firm-festive-season/

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