FX.co ★ Baltic Dry Index Rebounds

On Thursday, the Baltic Exchange's dry bulk sea freight index edged up by 0.3% to reach 1,341, breaking a three-day decline. The capesize index, which is responsible for transporting 150,000-ton cargoes such as iron ore and coal, rose by 1.5% to settle at 1,882. Conversely, the panamax index, which typically handles 60,000 to 70,000 tons of coal or grain, saw a decrease of 1.3% to 1,269. Meanwhile, the supramax index dipped slightly by 2 points, registering at 986.