The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, halted a five-day winning streak on Friday, falling about 1.9% to 2,978 points.
The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, declined by 3.6% to 4,955 points.
Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 1.7% to a more than two-year high of 2,233 points; and the supramax index edged up 0.1% to 1,522 points.
The benchmark index advanced 9.1% for the week.
Source: Trading Economics
