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Baltic Dry Index Snaps 4-Day Winning Run

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, halted a four-day winning streak on Tuesday, falling 0.7% to 2,024 points.

The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, decreased by 1.3% to 2,888 points; and the supramax index declined by 1% to 1,256 points.

On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, rose by 0.9% to 1,853 points.
Source: Trading Economics



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