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Agriculture, Maritime & Shipping, Grains, Dry Freight
July 04, 2025
Platts, part of S&P Global Commodity Insights, will update the cargo sizes and laycan for its East Coast South America (ECSA) - Far East Panamax/Kamsarmax dry bulk freight assessments, effective Aug. 1, 2025.
Platts initially proposed the above change on June 20 here .
The cargo size for the below assessments will be amended from 60,000 mt to 66,000 mt. Platts understands that the predominant grain cargo size for fronthaul shipments on this route has increased to a 66,000 mt basis.
This decision is based on robust industry consultations, market data, and feedback.
The affected assessments are as follows:
| Assessment | Symbol |
| DBF Grains Santos Brazil-Qingdao N China 60kt Panamax Cargo Size | GRSQCSZ |
| DBF Grains Bahia Blanca Argentina-Qingdao North China 60kt Panamax Cargo Size | GAQNASZ |
| DBF Grains Santos Brazil-Qingdao N China 60kt Panamax $/Mt | GRSQC00 |
| DBF Grains Bahia Blanca Argentina-Qingdao North China 60kt Panamax $/mt | GAQNA00 |
| DBF Grains Santos-Qingdao China 60kt $/day DOP Singapore Panamax 0.5% Bunker FO | GSBQC00 |
| DBF Grains Santos-Qingdao China 60kt $/day DOP Gibraltar Panamax 0.5% Bunker FO | GSBQD00 |
| DBF Grains Santos Brazil-Qingdao China 60kt $/day DOP Singapore Panamax Scrubber | GSBQA00 |
| DBF Grains Santos Brazil-Qingdao China 60kt $/day DOP Gibraltar Panamax Scrubber | GSBQB00 |
In addition, following market feedback, Platts will amend the laycan for the assessments above from 10-30 days forward to 22-35 days forward to better capture rates on the primary fronthaul grains freight market out of ECSA.
Simultaneously, to enhance coverage of the most prompt fronthaul freight market out of ECSA, Platts will launch two $/mt assessments with a laycan of 7-21 days forward for the below routes, also effective Aug. 1, 2025.
DBF Grains Santos Brazil-Qingdao N China 66kt Kamsarmax $/Mt
DBF Grains Bahia Blanca Argentina-Qingdao N China 66kt Kamsarmax $/mt
These prices will be assessed at 1630 London timestamp and follow the London publishing schedule.
The assessments will be published in Platts Dry Freight Wire and the Daily Grains publications along with the existing assessments.
Please send any feedback, comments or questions to dryfreight@spglobal.com and pricegroup@platts.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.