Home Dry Bulk Market Baltic index eases on capesize, panamax slide

Baltic index eases on capesize, panamax slide

Baltic index eases on capesize, panamax slide

The Baltic Exchange’s main sea freight index dipped on Monday on losses in the large and medium-sized vessel segments.

The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, inched 10 points lower, or 0.3%, to 3,282.

The capesize index dropped 34 points, or 0.8%, to 4,272.

Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of iron ore, lost $284 to $35,429.

Chinese ferrous futures fell on Monday, with steel rebar and hot rolled coils both plunging some 6%, after Beijing updated its stance on carbon reduction work, raising worries of an adjustment in output cuts.

Benchmark iron ore futures extended losses into a fifth straight session; closed down 0.9% at 1,054 yuan per tonne.

The panamax index dipped 14 points, or 0.4%, to a near two-month low of 3,290, extending a losing streak that began on July 5.

Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, were down $124 at $29,610.

The supramax index rose 14 points to 2,959.
Source: Reuters (Reporting by Seher Dareen in Bengaluru; Editing by Shailesh Kuber)

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

actress jyothi orgymovs.info telugu aunty xvideos hinbi sax ganstavideos.com sexxx vdo مقاطع سكس امهات felltube.com افلام جنسية مترجمة عربى dasesaxe xxxhindiporn.net porn video 3gp xxxnew pinkpix.net bangladeshi blue flim
www com xxx vdeo tubepornfilm.mobi freshpornclips نيك حامد freesextube.org ام تتناك india sex live bigassporntrends.com hidi xxx com bukkake comics hentaiclan.com supergirl hentai comic سكس حفله muarab.net نيك من السباك
ng bahay pinoyteleseryelove.com deped laptop mallu actress hot video dirtygfs.net london sex video brawling go 112 hentaihug.com sister cleaire karla estrada children replayteleserye.com gagamit سكس ميا arabianporns.com شم طيز