Loading…

The Baltic Exchange’s main dry-bulk freight index rose 2.37% on Friday to 2,805 and gained 3.4% for the week, marking its third consecutive weekly rise. Capesize and Panamax rates increased, while the Supramax index fell for a second straight week.
Higher Panamax freight rates can raise the cost of moving grain by sea and increase delivered costs for feed buyers. The reported changes point to modest upward freight-cost pressure.
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.