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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 winning streak as capesize rates eased. The index still recorded a fourth straight weekly gain of 4.4%.
Dry bulk freight rates feed into the landed cost of grain and feed ingredients, so firmer panamax and supramax rates raise import costs for feed buyers. Easing capesize earnings alongside weak Dalian iron ore demand points to a softer near-term freight outlook.
bairdmaritime.comReutersNov 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.
