CAPESIZE Rates The company pushed the Baltic Index for the third weekly profit in a row


The Baltic Exchange Baltic Sea Transport Index, which monitors tariffs for ships moving dry bulk commodities, rises on Friday, and registers a third weekly profit in a row at strong requests.

The main index, which are factors in the tariff for shipping shipping ships, Panamax and Supramax, obtained for the second session in succession, adding 114 points to 1,400 points. The index rose more than 4% for this week.

CAPESIZE Index (.BACI) rose 340 points to 2,422 points. It rose more than 14% this week.

The average daily income for cotton vessels (.batca), which usually transports 150,000 tons of cargo such as iron ore and coal, increased by $ 2,817 to $ 20,084.

Dalian Iron Ore Futures recorded a weekly fall, despite photographing the defeat of nine sessions today, burdened by a report on steel production cutting in China and a trade war that intensified between Washington and Beijing.

The Panamax Index (.BPNI) rose three points higher to 995 points, broke the defeat of eight sessions in a row. However, the index fell 6.7% for a week.

The average daily income for Panamax ships (.BPWT), which usually carries 60,000-70,000 tons of coal or seeds, adds $ 20 to $ 8,951.

Among the smaller ships, the supramax index (. Bsis) is flat at 864 points and records a weekly decline.
Source: Reuters



Leave a Reply

Your email address will not be published. Required fields are marked *