The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a three-day winning streak on Monday, falling about 0.7% to 2,017 points.

The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, decreased by 0.9% to 3,004 points, after three consecutive sessions of gains; and the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, fell 0.8% to a near seven-week low of 1,742 points.

Among smaller vessels, the supramax index eased 3 points, or 0.3%, to 1,203 points.

Source: Trading Economics