The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, eased for the second session on Wednesday, falling about 1.5% to its lowest since February 12 at 2,063 points, amid lower seasonal demand linked to the New Lunar Holiday in China.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, continued to fall, dropping 2.5% to 3,115 points; and the supramax index decreased further by 1.2% to 1,180 points.

Conversely, the panamax index, which usually carries 60,000-70,000 tons of coal or grain, rose 0.2% to 1,796 points.
Source: Trading Economics