The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, rose about 0.4% to 1,926 points on Wednesday, following a 7.1% decline in the prior day, supported by the larger segment.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, rose by 2.9% to 2,574 points, rebounding from a nearly 12% plunge in the previous session, likely tracking higher iron ore prices.

Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell further, down 1.6% to 1,831 points; and the smaller supramax index declined 2.2% to 1,312 points.
Source: Trading Economics