The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped a seven-day losing streak on Wednesday, rising about 4% to its highest since February 3rd at 1,958 points, driven by gains across the board.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, climbed 5.2% to 2,914 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, advanced 3.9% to 1,735 points.

Among smaller vessels, the supramax index increased 1.5% to 1,140 points.
Source: Trading Economics