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BREAKING NEWS
Baltic Dry Index Rises to 1-Week High
The Baltic dry index rose 1.7% to 2,715 on Wednesday, recording its first gain since July 14. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, advanced 4.7% to 4,114, its highest level since July 16. On the other hand, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell 2.8% to 2,120, its lowest since June 29. The supramax index decreased 0.9% to 1,715.
Source: Trading Economics
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