May 24 (Reuters)– The Baltic Exchange’s major sea products index, monitoring prices for ships lugging completely dry mass products, was up to its most affordable in virtually 3 months on Wednesday on weak need throughout all vessel sections.

The total index, which consider prices for capesize, panamax, supramax as well as handysize delivery vessels, was down 15 factors, or 1.58 percent, at 934 factors– its most affordable degree because very early March.

The capesize index shed 52 factors, or 3.05 percent, at 1,654 factors.

Average everyday incomes for capesizes, which commonly move 150,000-tonne freights such as iron ore as well as coal, were down $331 at $12,177.

The panamax index was down one factor, or 0.12 percent, at 849 factors.

Average everyday incomes for panamaxes, which normally bring coal or grain freights of concerning 60,000 to 70,000 tonnes, reduced $14 to $6,823.

Among smaller sized vessels, the supramax index was down 9 factors at 737 factors, while the handysize index dropped 8 indicate 478 factors. (Reporting by Swati Verma in Bengaluru; Editing by Arun Koyyur)

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