Baltic dry index inches up d-o-d on Supramax rise

The Baltic Dry Index inched up by 0.1% (1 point) d-o-d to 1,762 points on 23 Jan, driven by stronger Supramax rates, which offset the declines in Capesize and Panamax. While smaller bulk segments witnessed improved demand and tighter vessel availability, chartering sentiment softened for larger ships.

• Capesize: BCI dropped 0.23% (6 points) to 2,583.
• Panamax: BPI fell by 0.12% (2 points) to 1,612.
• Supramax: BSI rises 0.69% (7 points) to 1,026.