The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the tenth successive session on Thursday, falling about 1.5% to a new low since May 1st at 2,729 points.
The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, slumped by 3.7% to 4,140 points.
Meanwhile, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, rose by 1.8% to 2,251 points; and the supramax index went up 0.9% to 1,633 points.
Source: Trading Economics
