Baltic Dry Index rebounds; capesize and supramax rise
The Baltic Exchange’s dry bulk freight index snapped a two-day losing streak, up about 0.5% to 2,791 points, with capesize gaining 1.2% and supramax edging to a July 28 high.
5% to 2,791 points. 2% to a fresh high since July 28 at 1,637 points. By contrast, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, fell 1% to a new low since July 31 at 2,088 points.