Affinity Dry Cargo Weekly 06 November 2026

The dry bulk market experienced mixed trends across segments, with the Capesize market recovering towards the end of the week, closing at USD 39,395, a notable increase supported by improved demand from South Brazil and West Africa. Conversely, the Panamax market firmed slightly from a weak start, resulting in the P5TC rising by USD 1,163 to USD 18,030, while the Supramax segment faced pressures, closing at USD 22,946 due to weak demand and excess tonnage in several regions. Overall, the market dynamics reflected a complex interplay of rising demand in certain basins juxtaposed with oversupply in others, highlighting the nuanced nature of current dry cargo trends.