
The Baltic Exchange's weekly round-up reports that Capesize rates rose over the week, with C5 Pacific iron ore freight climbing from US$13.80 to about US$15 before easing. The BCI 182 5TC closed the week at US$42,798 after reaching a high of US$43,860.
North Atlantic demand improved while South Brazil and West Africa to China routes lacked momentum.
Dry bulk freight costs move with iron ore and coal demand, and they feed into delivered costs for imported grain and oilseeds. This is routine market commentary with no new policy or supply shock behind the moves.
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.