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Baltic index dips on weak capesize rates, posts weekly gain of nearly 9%
The Baltic Exchange's main dry bulk sea freight index slipped on Friday due to a decline in capesize rates, although the main index posted a weekly gain of 8.6%.
Ukraine 2022 winter wheat sowing 18.3% complete - ministry
Ukrainian farms had sown 1.2 million hectares of winter wheat for the 2022 harvest as of Sept 23 or 18.3% of the expected area of 6.68 million hectares, the agriculture ministry said on Friday.
Baltic index snaps 11-session rally as capesizes fall
The Baltic Exchange’s main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its highest level in over a decade, as the larger capesize vessel segment retreated.
The Baltic Briefing: Dry Bulk Market report
Capesize
The Capesize market broke out of its recent range this week as the 5TC peaked on Thursday before easing Friday slightly down at $36,150.
Baltic index slips on weaker panamax, capesize rates
The Baltic Exchange’s main sea freight index fell on Wednesday, as weaker demand for panamax and capesize vessels weighed.
Strong demand across vessel segments lifts Baltic index
Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, rose on Friday bolstered by firmer rates across vessel segments.
Baltic index edges down on weaker capesize, panamax demand
The Baltic Exchange’s main sea freight index slipped on Monday, weighed down by weaker rates for capesize and panamax vessels.