The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, edged down by 0.1% to 2,673 points on Thursday, ending a 14-day rally, but still near a more than four-month high.

The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased by 0.9% to 4,315 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell 0.3% to 1,965 points.

Among smaller vessels, the supramax index climbed 2.6% to its highest since early December 2023 at 1,522 points.
Source: Trading Economics