Baltic index posts best week since February on gains across vessels

June 11 (Reuters) - The Baltic exchange's main sea freight index rose on Friday and marked its first weekly gain in four, steered by strong gains across vessel segments.

* The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 188 points, or 7%, at 2,857. The index rose more than 17% this week, its best since February.

* The capesize index rose by 447 points, or 15.4%, to a two-week high at 3,346. The capesize index also notched a weekly rise of more than 32%, its biggest weekly gain since the one ending Feb. 19.

* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, rose by $3,713 to $27,752.

* Dalian iron ore futures rose to its highest in more than three weeks on Friday, as a rebound in steel inventory in top producer China suggested that demand for the raw material remained brisk

* The panamax index gained 98 points, or 3.1%, at 3,302, a peak since September 2010.

* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, went up by $882 to $29,718.

* The supramax index rose by 40 points to 2,592, the highest as per Refinitiv Eikon data going back to 2017. (Reporting by Nishara Karuvalli Pathikkal in Bengaluru; Editing by Amy Caren Daniel)

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