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A DP World executive said global ocean freight rates are expected to decline as disruption-related cost increases ease. The company rerouted shipping lines through Indian ports and used feeder services and overland trucking to keep cargo moving toward the UAE and Southeast Asia.
Easing disruption and a return toward normal shipping patterns could expand available capacity and reduce freight costs, lowering landed costs for imported feed inputs.
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.