[Sea Freight]Main sea freight index at Baltic Exchange advances to 1118 points

Published: Jul 24, 2015 09:04

Save

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced on Wednesday boosted by strong capesize, panamax and supramax rates.

UNITED KINGDOM July 23 2015 4:38 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced on Wednesday boosted by strong capesize, panamax and supramax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by another 5 points to 1118 points on Wednesday.

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

sea freight base metal

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

US August PPI beats expectations, boosting rate hike expectations; the most-traded SHFE tin contract falls below the 410,000 yuan mark [SMM Tin Midday Review]

[SMM Tin Midday Review: US August PPI Beats Expectations, Lifting Rate Hike Expectations; Most-Traded SHFE Tin Contract Falls Below 410,000 Yuan Mark]

3 hours ago

6 hours ago

SHFE tin closed at 414,050 (-2.18%) overnight, with both longs and shorts cautious ahead of the September 11 CPI data release [SMM Tin Morning News]

[SMM tin morning news: SHFE tin closed overnight at 414,050 (-2.18%), with both bulls and bears cautious ahead of the September 11 CPI data release.

6 hours ago

SHFE tin daytime session +1.87%, night session -2.18%, September rate hike probability rises to 69.8% [SMM Tin Morning Meeting Summary]

[SMM Morning Meeting Summary: SHFE tin daytime session +1.87%, night session -2.18%, September rate hike probability rises to 69.8%]

6 hours ago