Main sea freight index at Baltic Exchange drops to below 1000 points-Shanghai Metals Market

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Main sea freight index at Baltic Exchange drops to below 1000 points

Industry News 10:32:20AM Aug 25, 2015 Source:SMM

UNITED KINGDOM August 24 2015 3:17 PM     

LONDON (Scrap Register): The main sea freight index at  Baltic Exchange for ships carrying dry bulk commodities dropped further to below  1000 points on Friday lead by weak panamax rates.


The overall index, which factors in average daily earnings of capesize,  panamax, supramax and handysize dry bulk transport vessels, down by another 20  points to 994 points on Friday.

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


Price

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#1 Refined Cu
Oct.18
46740.0
40.0
(0.09%)
Standard-Grade Copper
Oct.18
46730.0
40.0
(0.09%)
High-Grade Copper
Oct.18
46750.0
45.0
(0.10%)
Guixi copper
Oct.18
46750.0
40.0
(0.09%)
Low-quality copper
Oct.18
46700.0
45.0
(0.10%)

Main sea freight index at Baltic Exchange drops to below 1000 points

Industry News 10:32:20AM Aug 25, 2015 Source:SMM

UNITED KINGDOM August 24 2015 3:17 PM     

LONDON (Scrap Register): The main sea freight index at  Baltic Exchange for ships carrying dry bulk commodities dropped further to below  1000 points on Friday lead by weak panamax rates.


The overall index, which factors in average daily earnings of capesize,  panamax, supramax and handysize dry bulk transport vessels, down by another 20  points to 994 points on Friday.

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