Baltic index ends 7-session losing run as capesize, panamax rates rise

Sept 9 (Reuters) - The Baltic Exchange's main dry bulk sea freight index snapped a seven-session losing streak on Thursday, buoyed by firmer rates for larger vessel segments.

* The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 25 points, or 0.7%, to 3,643.

* The capesize index added 76 points, or 1.6%, to 4,962.

* Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, increased $633 to $41,151.

* China's benchmark metallurgical coal and coke futures surged to record highs, driven by fears of a prolonged tightness in supply of the steelmaking materials in the world's top steel producer.

* The panamax index snapped an eight-session losing streak, gaining 37 points, or 1.1%, to 3,510.

* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, increased $329 to $31,589.

* Among smaller vessels, the supramax index dipped 32 points to a more than three-week low of 3,179. (Reporting by Rahul Paswan in Bengaluru; Editing by Vinay Dwivedi)

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