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The Baltic Exchange's main sea freight index rose for a seventh straight session to 3,020 points, its highest since October 5. Gains came across all vessel segments, with Capesize up 2.9 percent to 4,836 points and Panamax up 0.7 percent to 2,117 points.
Iron ore futures fell on sluggish port trading and expected additional Simandou supply.
Higher dry bulk freight rates raise the cost of shipping grains and oilseeds, which can narrow the export margin for origins far from buyers. The move is modest, so the effect on feed ingredient prices is limited.
bairdmaritime.comReutersNov 12, 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.
