A 14% rise for capesizes drove the continued improvement as the overall market climbed for the 10th successive session Thursday. Friday saw a further 4% gain to 1,048 points.
The 1,009 points recorded on the BDI is the highest in seven months, analysts note.
Capesizes hit $12,700 daily on Thursday, helped by stronger activity out of Brazil, sources say. They improvement extended on Friday.
