The Baltic Exchange’s primary water cargo list, which monitors prices of boats carrying dry bulk commodities, rose on Tuesday as both capesize and panamax portions strengthened.
The total list, which points in rates for capesize, panamax and supramax delivery vessels, rose 8 things, or 0.3%, to 2,412 points.
The capesize list rose 11 things, or 0.5%, to 2,147 things.
Average everyday profits for capesizes, which usually transport 150,000-tonne cargoes such iron-ore and coal, enhanced $91 to $17,804.
The panamax list attained 17 things, or around 0.6per cent, to 2,955 things.
Average everyday profits for panamaxes, which often carry coal or whole grain cargoes of approximately 60,000 to 70,000 tonnes, rose $148 to $26,591.
A band of South Korean flour mills features granted a tender to get about 50,000 tonnes of milling wheat to be sourced through the US, European dealers stated on Tuesday.
The supramax list was down 1 point out 2,733 things.
Source: Reuters (Reporting by Roshan Abraham in Bengaluru; Editing by Rashmi Aich)