Shanghai Shipping Exchange: Far East Dry Bulk Freight Index Falls 2.2% to 1807.11 on July 4

According to Shanghai Shipping Exchange, on July 4, the Far East dry bulk freight index fell 2.2% to 1807.11 points during the week. Three major ship types showed mixed performance: Capesize vessels benefited from improved iron ore demand with rates recovering, Panamax ships gained on grain and Australian coal support, while Supramax vessels declined slightly due to limited cargo availability.
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