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The London Capesize five-route average rose $3,040 to $37,420 per day on October 30, its second weekly gain. Brazilian iron ore, Guinean bauxite and weather-related port delays on China's coast supported rates.
Firmer Capesize rates raise freight costs for bulk cargoes, though this segment carries mainly ores and coal, so the direct effect on feed grain prices is limited.
kaijipress.comNov 4, 2026Not 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.
