The Baltic Exchange's dry bulk freight index fell on Monday, snapping a two-session winning streak, weighed by a drop in Capesize and Panamax rates.
The main Baltic index lost 78 points, or 2.5 per cent, to 3,070 points.
The Capesize index lost 209 points, or 4.2 per cent, to 4,833 points, its lowest level since August 25.
Average daily earnings for Capesize vessels fell $1,898 to $40,330.
The Panamax index shed eight points, or 0.3 per cent, to 2,364 points.
Average daily earnings for Panamax vessels declined $76 to $21,273.
Among smaller vessels, the supramax index gained one point, or 0.1 per cent, to 1,790 points.
(Reporting by Vedika Thorat in Bengaluru; Editing by Shailesh Kuber)
