# GMT EIGHT - Latest - Shanghai Shipping Exchange: This week, freight rates in the three major vessel-type markets were mixed, and the Far East rental index continued to pull back.

> The Shanghai Shipping Exchange reported that dry bulk freight rates diverged this week across Capesize, Panamax and Supramax vessels. Capesize rates fell sharply on oversupplied capacity and falling FFA forward contracts, while Panamax and Supramax daily rents rose on coal, grain and steel-related cargo demand. The Far East Dry Bulk Rent Index retreated 11.6% from the previous period.

- Date: 2026-11-14 · published 2026-11-14T12:09:40.631Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/99343-gmt-eight-latest-shanghai-shipping-exchange-this-week-freight-rates-in-the
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower Capesize and Far East index rates reduce bulk shipping costs for grain and meal imports into Asia, which can ease landed feed costs, while firmer Panamax rents on grain transport partly offset that relief.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- gmteight.com: https://gmteight.com/flash/detail/1561007

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.