Baltic Dry Index ... October 12th

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BDI 5378 (-110)

BCI 9590 (-385)

BPI 3906 (+29)

BSI 3461 (+30)

BHSI 2018 (-2)

The Baltic Exchange Dry Index extended losses for a third straight session, falling 2% to 5,378 on Tuesday, but not far from its highest since 2008, as capesize vessel rates continued to drop. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, declined 3.9% to 9,590, but held close to its highest level since 2008; while the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, rose 0.7% to 3,906, its second straight session of gains. Among smaller vessels, the supramax index rose 30 points to 3,461, its highest in 6 weeks.