Baltic Dry Index fell 1.05 percent to 852 points this week, the index fell by about 9%. The index measures the cost of shipping of iron ore, cement, grain, coal and fertilizer. 

Baltic Panamax freight index. BPNI fell 2.26 percent to 910 points the average daily earnings decline 165-7258 U.S. dollars. The ship usually carrying capacity of 6-7 million tons of main cargo of coal and grain. 

The analyst said that about 50-60% of the coal cargo Panamax ships carrying. But recently, due to the inquiry by the coast of South America east coast grain freight to reduce Panamax shipping market setback. 

Baltic Capesize Index. BACI rose 1.87 percent to 1200 points back to God from a decline of more than three weeks. Capesize average earnings rose 91-4346 U.S. dollars. Capesize vessels are usually checked 15 tons The cargo consisted mainly of iron ore and coal.