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The Baltic Exchange's main sea freight index fell 1.3% to 2,980 points on Friday, ending a seven-session rise, while capesize rates dropped 2.4% to 4,719 points. The index still recorded a 4.4% weekly gain and its fourth consecutive weekly rise.
Capesize daily earnings decreased by $1,062 to $39,295.
Shipping rates for large bulk vessels set the cost of moving grain and oilseeds on ocean routes, which affects export margins and delivered prices. The small daily dip with weekly gains points to firm but not accelerating freight costs.
investing.comNov 13, 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.
