FX.co ★ Baltic Dry Snaps 7-Day Winning Streak

The Baltic Exchange's main sea freight index fell by 1.8% to 2,016 on Monday, breaking a seven-day continuous rise. The capesize index, which monitors larger vessels, typically transporting approximately 150,000 tons of bulk commodities such as iron ore and coal, experienced the most significant drop, declining by 3.3% to 2,981. Meanwhile, the panamax index, which tracks ships carrying 60,000 to 70,000 tons of cargo like coal and grain, slightly decreased by 0.2% to 1,915. In contrast, the supramax index remained unchanged at 1,346.