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Braemar's charter index for containerships reached 325.8 in late October, up 21% year on year and at its highest since autumn 2022. Fixture counts fell 15% year on year, while median rates for smaller feeder and panamax ships rose.
Container freight tightness mainly affects consumer goods shipping rather than bulk feed. The effect on feed ingredient prices is minimal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.