Baltic Dry Index Falls to Over 6-Week Low
The Baltic Exchange dry bulk freight index decreased 0.3% to 2720 on Monday, the lowest since April 30.
Index Details
- The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, fell 1.3% to 4053.
- On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, increased 0.4% to 2291.
- The supramax index rose 1.3% to 1664.
Source: Trading Economics