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Baltic index rises on higher capesize rates

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Aug 24 (Reuters) - The Baltic Exchange's main sea freight index inched up on Monday, as a jump in capesize rates offset lower prices for panamax vessels.

* The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 10 points, or 0.7%, at 1,491.

* The capesize index rose 47 points, or 2.2%, to 2,207.

* Average daily earnings for capesizes, which typically transport cargoes of 170,000 tonnes to 180,000 tonnes including iron ore and coal, rose by $387 to $18,305.

* However, the panamax index was down 21 points, or 1.3%, at 1,632, falling for the sixth straight session.

* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, fell by $187 to $14,689.

* The supramax index edged up 3 points to 965. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Aditya Soni)