FX.co ★ Baltic Dry Index Breaks 4-Day Winning Run

The Baltic Exchange's dry bulk index, a key indicator of shipping rates for vessels carrying dry commodities, ended its four-day upward trajectory on Monday, declining approximately 1% to 2,084 points. This dip was largely due to the performance of the larger vessel segment. The capesize index, which measures rates for ships that typically transport 150,000-ton cargoes such as iron ore and coal, also saw its four-day ascent interrupted, falling by about 2.3% to 3,263 points. In contrast, the panamax index, which accounts for ships that usually haul between 60,000 and 70,000 tons of coal or grain, increased by 0.7%, reaching its highest point since October 30 at 1,845 points. Meanwhile, the supramax index edged up by 8 points to 1,327 points.