FX.co ★ Baltic Dry Index Halts 3-Day Slump

The Baltic Exchange’s dry bulk index, which measures shipping rates for vessels transporting dry commodities, ended a three-day losing streak, rising about 2.8% to 2,066 points, supported by gains in the larger vessel segment. The capesize index, tracking ships that typically carry 150,000-ton cargoes such as iron ore and coal, climbed 7.8% to 2,835 points. In contrast, the panamax index, reflecting vessels that usually transport 60,000 to 70,000 tons of coal or grain, extended its decline, falling 2.5% to 1,914 points, while the supramax index slipped 0.9% to 1,373 points.