Baltic main index dips on falling capesize rates

June 7 (Reuters) - The Baltic exchange's main sea freight index eased on Monday, falling for a ninth straight session, pressured by weaker rates for capesize vessels.

* The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed 10 points, or 0.4%, at 2,428.

* The capesize index fell by 57 points, or 2.2%, to 2,467, the lowest since April 1.

* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, fell by $475 to $20,458.

* Iron ore prices tumbled on Monday as China's subdued trade data for May and narrowing steel profit margins dampened the market's enthusiasm about demand prospects for the steelmaking ingredient.

* The panamax index rose 21 points, or 0.7%, to 2,954, the highest since May 14.

* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, went up by $188 to $26,588.

* The supramax index rose by 12 points to 2,461. (Reporting by Seher Dareen in Bengaluru; Editing by Amy Caren Daniel)

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