The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, continued to fall for a third session on Thursday, dropping 2.1% to its lowest since February 11 at 2,019 points, amid ongoing subdued demand during the Lunar New Year in Asia.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, declined 3.7% to 3,001 points; and the supramax index fell 1.7% to 1,160 points.

On the other hand, the panamax index, which usually carries 60,000-70,000 tons of coal or grain, rose 1.1% to 1,816 points.
Source: Trading Economics