Main sea freight index at Baltic Exchange plummets to 1162 points

Published: Aug 12, 2015 18:36

Save

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities plummeted to below 1200 points on Tuesday lead by weak capesize and handysize rates.

UNITED KINGDOM August 12 2015 2:19 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities plummeted to below 1200 points on Tuesday lead by weak capesize and handysize rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 35 points to 1162 points on Tuesday.

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

The main sea freight index at Baltic Exchange

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 to learn 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

10 hours ago

Easing Geopolitical Risks Boosted Copper Prices, Contango Structure Continued as the Price Spread Narrowed [SMM BC Copper Commentary]

10 hours ago

12 hours ago

Data: SHFE, DCE market movement (Mar 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Mar , 2026

12 hours ago

14 hours ago

China First Heavy Industries Achieves Breakthrough with Successful Trial of 3500mm Copper Rolling Mill

China First Heavy Industries has successfully completed the trial rolling of the domestically designed and manufactured 3500mm copper and copper alloy wide and thick plate cold and hot rolling mill, the first of its kind in China, for Chinalco Luoyang Copper Processing Co., Ltd., achieving the goal one month ahead of schedule. This marks a major breakthrough for China in the field of high-end copper and copper alloy wide and thick plate rolling equipment.

14 hours ago