WPI Grain Transportation Report
Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...
FOB Prices and Freight Rates App (Updated 5 November)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
WPI Grain Transportation Report
Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal. After the positive meeting between Presidents Xi and...
WPI Grain Transportation Report
Dry bulk markets were mixed and relatively quiet this week. The Capesize sector traded steady on flagging spot demand despite an increase in Chinese iron ore demand and rising Dalian steel futures. The Panamax sector was the upside leader for the week, primarily due to Pacific demand. Freight m...
WPI Grain Transportation Report
Dry-bulk markets were mixed this past week with paper values rising as the Chinese holiday ended, but physical values seeing little of the same enthusiasm. Capesize freight rates were volatile last week after China’s port-fee announcement on 9 October. The fees, as expected, forced...
WPI Grain Transportation Report
Dry bulk markets are waiting to see how rates will react now that China’s Golden Week and South Korea’s holidays are both over. The Golden Week celebrations ended on Wednesday and, so far, dry bulk rates have not seen much upward movement. Panamax and Capesize vessels are slightly f...
New Truck Tariffs to Hit Mexico
President Trump said yesterday that all medium- and heavy-duty trucks imported into the U.S. will face a 25 percent tariff rate starting 1 November. That marks a significant escalation of Trump’s effort to protect U.S. companies from foreign competition. He had previously stat...
WPI Grain Transportation Report
Dry bulk freight rates cratered this week as China started its Golden Week holiday, which blanketed markets with calm and quiet. Pacific markets were especially dull and weaker, especially amid doubts about how China’s grain demand will play out after the holiday. China still has not book...
WPI Grain Transportation Report
Dry bulk markets are mixed this week as the Capesize sector saw renewed strength while Panamax and Supramax markets struggled to maintain rates. Capesize markets were higher on iron ore demand from west Australia with a steady flow of cargo bookings through the week. The improved booking...
WPI Grain Transportation Report
Dry bulk markets were volatile last week but failed to settle on much of a direction. Capesize markets stabilized and seemed to be finding a little support, which helped stabilize other vessel sectors. Miners in the Pacific remain consistently active, which is supporting Capesize rates in the r...
WPI Grain Transportation Report
Dry bulk freight markets rallied this week buyers extending coverage ahead of China’s Golden Week festival in 1-8 October. The rally came partly from an uptick in cargo demand but mostly from vessel supply disruptions stemming from the U.S. fees against Chinese vessels. This is causing Ch...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan flooding reportedly damaged as much as 30 percent of wheat stocks in some areas, especially eastern Punjab. Local wheat prices are said to be up by 40 percent with further increases expected. Trade reports say that due to...
WPI Grain Transportation Report
Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...
FOB Prices and Freight Rates App (Updated 5 November)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
WPI Grain Transportation Report
Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal. After the positive meeting between Presidents Xi and...
WPI Grain Transportation Report
Dry bulk markets were mixed and relatively quiet this week. The Capesize sector traded steady on flagging spot demand despite an increase in Chinese iron ore demand and rising Dalian steel futures. The Panamax sector was the upside leader for the week, primarily due to Pacific demand. Freight m...
WPI Grain Transportation Report
Dry-bulk markets were mixed this past week with paper values rising as the Chinese holiday ended, but physical values seeing little of the same enthusiasm. Capesize freight rates were volatile last week after China’s port-fee announcement on 9 October. The fees, as expected, forced...
WPI Grain Transportation Report
Dry bulk markets are waiting to see how rates will react now that China’s Golden Week and South Korea’s holidays are both over. The Golden Week celebrations ended on Wednesday and, so far, dry bulk rates have not seen much upward movement. Panamax and Capesize vessels are slightly f...
New Truck Tariffs to Hit Mexico
President Trump said yesterday that all medium- and heavy-duty trucks imported into the U.S. will face a 25 percent tariff rate starting 1 November. That marks a significant escalation of Trump’s effort to protect U.S. companies from foreign competition. He had previously stat...
WPI Grain Transportation Report
Dry bulk freight rates cratered this week as China started its Golden Week holiday, which blanketed markets with calm and quiet. Pacific markets were especially dull and weaker, especially amid doubts about how China’s grain demand will play out after the holiday. China still has not book...
WPI Grain Transportation Report
Dry bulk markets are mixed this week as the Capesize sector saw renewed strength while Panamax and Supramax markets struggled to maintain rates. Capesize markets were higher on iron ore demand from west Australia with a steady flow of cargo bookings through the week. The improved booking...
WPI Grain Transportation Report
Dry bulk markets were volatile last week but failed to settle on much of a direction. Capesize markets stabilized and seemed to be finding a little support, which helped stabilize other vessel sectors. Miners in the Pacific remain consistently active, which is supporting Capesize rates in the r...
WPI Grain Transportation Report
Dry bulk freight markets rallied this week buyers extending coverage ahead of China’s Golden Week festival in 1-8 October. The rally came partly from an uptick in cargo demand but mostly from vessel supply disruptions stemming from the U.S. fees against Chinese vessels. This is causing Ch...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan flooding reportedly damaged as much as 30 percent of wheat stocks in some areas, especially eastern Punjab. Local wheat prices are said to be up by 40 percent with further increases expected. Trade reports say that due to...