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Baltic Dry Index Falls to Near 1-Week Low

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for a second session on Monday, falling about 1.9% to a near one-week low of 3,092 points, amid weakness in the larger vessel segments.

The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, slumped by 3.1% to 5,013 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, decreased by 0.4% to 2,511 points.

On the other hand, the supramax index rose 0.3% to 1,570 points.
Source: Trading Economics



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