Main sea freight index at Baltic Exchange continues to gain to 598 points

Published: Dec 3, 2015 09:47

Save

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to gain on Tuesday mainly due to a sharp rise in capesize and supramax rates.

UNITED KINGDOM December 02 2015 10:46 AM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to gain on Tuesday mainly due to a sharp rise in capesize 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 14 points to 598 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

Buyer Warrant Demand Increased in Early Trading, Active Market Inquiries [SMM Yangshan Spot Copper]

10 hours ago

14 hours ago

Copper Pipe & Tube Operating Rate Rebounds 23.71% MoM in March, Down 2.78% YoY

【SMM Copper Pipe & Tube Operating Rate】 According to SMM data, the operating rate of copper pipe & tube enterprises was 82.45% in March, up 23.71 percentage points MoM and down 2.78 percentage points YoY.

14 hours ago

BC Copper Closed Sharply Higher by 1.6%, Easing Geopolitical Tensions Boosted Copper Prices [SMM BC Copper Commentary]

14 hours ago