The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, halted a two-day losing streak on Friday, rising about 1.1% to the highest since January 30 at 2,140 points.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, edged up by 0.2% to 3,056 points; and the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, rose 1.4% to 1,942 points.

Among smaller vessels, the supramax index advanced 3% to 1,338 points.

The benchmark index was up 4.7% for the week, but fell 1.4% for the month.
Source: Trading Economics