Baltic Dry Index rises after four-session loss streak

The Baltic dry index increased 0.7% to 2,863 on Friday, recovering after four consecutive sessions of losses.

The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, rose 1.5% to 4,538.

Also, the supramax index went up 0.6% to 1,622, its highest since July 28.

On the other hand, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, decreased 1.5% to 2,228.

For the week, the Baltic dry index fell 7.3%.