The Shanghai Shipping Exchange reported mixed dry-bulk freight trends: Panamax rates weakened, Supramax rates held relatively firm, and Capesize rates rose as iron-ore cargo volumes tightened available capacity. The Far East dry bulk charter rate index was 2,254.38 points on October 29, up 0.3% from the prior period.
The index’s small overall increase suggests little broad change in freight costs, though stronger Capesize demand may raise costs for some bulk cargoes while weaker Panamax rates may ease them.
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.