The baltic index reaches almost two weeks when the larger ship falls

The Baltic Exchange Baltic Sea Transport Index, which monitors tariffs for ships moving dry bulk commodities, down to the lowest level two weeks on Wednesday, is pressed with a lower rate for capsize ships and Panamax.

The main index, which are factors in the tariff for shipping shipping ships, Panamax and Supramax, down 46 points to 1,940 points, reaching the lowest level since August 21.

The Castesize Index released 101 points to 2,773 points.

The average daily income for capsizing ships, which usually transport cargo 150,000 tons such as iron ore and coal, decreased by $ 842 to $ 22,994.

The price of iron ore futures rose for the second session in a row, because Goldman Sachs raised an estimated average price for the fourth quarter of this year to $ 95 per metric ton from $ 90 per ton before.

The Panamax index released 45 points, or 2.6% to 1,719 points.

The average daily income for Panamax ships, which usually carry 60,000-70,000 tons of coal or seeds, down $ 405 to $ 15,471.

Among the smaller ships, the Supramax index rose 1 point to 1,467 points.
Source: Reuters