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BREAKING NEWS
Baltic Dry Index Breaks 5-Day Advance
The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a five-day winning streak on Thursday, falling about 0.2% to 3,057 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also halted its five-day advance, decreasing by 0.8% to 5,052 points; and the supramax index shed 4 points, or 0.3%, at 1,608 points. Conversely, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, rose by 1.7% to its highest since June 15 at 2,275 points.
Source: Trading Economics
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