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Baltic Dry Index rises for second straight session

The Baltic Dry Index advanced for a second session Monday to 2,878 points, while capesize and supramax rates also rose and panamax fell to a near-term low.

BDICAPESIZEINDEPANAMAXINDEXSUPRAMAXINDE

5% to 2,878 points. 4% to its highest level since July 28 at 1,628 points. Conversely, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, fell by 1% to its lowest since August 4 at 2,206 points.