Baltic dry index inches up on improved vessel demand

The Baltic Dry Index inched up by 1% (18 points) to 1,780 points on 26 Jan against 23 Jan. Capesize and Supramax gains outweighed stable Panamax rates, reflecting improved demand in key iron ore and minor bulk trades. Stronger cargo flows and better vessel utilisation supported freight sentiment across segments.

• Capesize: BCI rose 1.7% (43 points) to 2,626.
• Panamax: BPI remained stable at 1,612.
• Supramax: BSI increased 0.88% (9 points) to 1,035.