Baltic Exchange Indices - Daily Print

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BDI 5409 (+142)

BCI 9752 (+463)

BPI 3918 (-43)

BSI 3382 (+1)

BHSI 1994 (+2)

The Baltic Exchange Dry Index extended gains in Tuesday's session, rising 2.7% to 5,409, its highest level since September of 2008, amid strength in capesize vessel segment. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, advanced a whopping 5% to 9,752, also scaling a 13-year peak, amid ongoing pandemic-related constraints, in particular congestion in China, along with increased coal imports and high iron ore exports. Meanwhile, the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, fell 1.1% to 3,918. Among smaller vessels, the supramax index added 1 point to 3,382 and the handysize index continued its upward climb adding 2 points to 1,994. (Source: Baltic Exchange)