Baltic index falls as all vessel segments decline
Nov 18 (Reuters) -The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday, dragged down by losses across all vessels.
* The index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 29 points to 1,756 points.
* The capesize index .BACI dipped 67 points to 3,162 points.
* Average daily earnings for capesize vessels .BATCA, which typically transport 150,000-ton cargoes such as iron ore and coal, decreased by $557 to $26,220.
* Prices of iron ore futures clawed up towards the psychological level of $100 a metric ton on Monday, underpinned by firm near-term demand and revived hopes of further economic stimulus from top consumer China. IRONORE/
* The panamax index .BPNI lost 10 points to 1,202 points.
* Average daily earnings for panamax vessels .BPWT, which usually carry 60,000-70,000 tons of coal or grain cargo, shed $85 to $10,821.
* Among smaller vessels, the supramax index .BSIS lost 10 points to 1,009 points.
Reporting by Rahul Paswan in Bengaluru; Editing by Shreya Biswas
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