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Baltic Dry Index Rises to 2-Week High

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, rose about 0.8% to the highest since February 2nd to 2,100 points on Monday, driven by gains across all segments.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, went up 0.9% to 3,209 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, increased 0.5% to 1,785 points.

Among smaller vessels, the supramax index rose 1% to 1,198 points.
Source: Trading Economics



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