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Capesize rates ended the week firmer, with the BCI 182 closing at US$39,395 after opening at US$35,944. Panamax-Kamsarmax, Ultramax/Supramax and Handysize markets stayed subdued with softer sentiment.
Capesize gains came from stronger transatlantic business and a late-week recovery in South Brazil and West Africa to China routes.
Firmer Capesize rates raise ocean freight costs on long-haul bulk routes, while weak smaller-vessel markets ease costs for some grain and meal shipments. The net effect on feed ingredient prices is modest.
drybulkmagazine.comCharlotte SwebyNov 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.
