Main freight index at Baltic Exchange drops to 1,040 points-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Inventory data
  • Futures movement
  • MMi Iron Ore Port Index
  • Copper scrap
  • Nickel
  • Copper
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Evening comments
  • Production data
  • Tin
  • Market commentary
  • inventory

Main freight index at Baltic Exchange drops to 1,040 points

Industry News 09:02:02AM Aug 21, 2014 Source:SMM

UNITED KINGDOM August 20 2014 4:51 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels dropped on Thursday because of a drop in rates for capesize vessels.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell by 2 points or 0.19 percent to 1,040 points.

The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.

 

Key Words:  sea freight index 

Main freight index at Baltic Exchange drops to 1,040 points

Industry News 09:02:02AM Aug 21, 2014 Source:SMM

UNITED KINGDOM August 20 2014 4:51 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels dropped on Thursday because of a drop in rates for capesize vessels.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell by 2 points or 0.19 percent to 1,040 points.

The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.

 

Key Words:  sea freight index