Feb 21 (Reuters)– The Baltic Exchange’s primary sea products index, monitoring prices for ships lugging completely dry mass assets, climbed on Tuesday for a 5th straight session on greater prices for capesizes as well as smaller sized vessel sections.

The general index, which consider prices for capesize, panamax, supramax as well as handysize delivery vessels, closed 21 factors, or 2.77 percent, at 778 factors, its highest degree in virtually 3 weeks.

The index is anticipated to check a resistance at 774 in a week, a break over which can break the ice in the direction of the following resistance at 888, according to Reuters technological expert Wang Tao.

The capesize index got 65 factors, or 8.22 percent, to shut at 856 factors, a two-week high.

Average everyday incomes for capesizes, which usually carry 150,000-tonne freights such as iron ore as well as coal, were up $512 at $7,008.

The panamax index was down 3 factors, or 0.33 percent, at 906 factors.

Average everyday incomes for panamaxes, which normally lug coal or grain freights of regarding 60,000 to 70,000 tonnes, lowered $19 to $7,279.

Among smaller sized vessels, the supramax index was up 17 factors at 764 factors, while the handysize index climbed 6 indicate 402 factors. (Reporting by Nithin Prasad in Bengaluru; Editing by Maju Samuel)

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