Baltic index retreats on lower vessel demand, rate cuts

The Baltic Exchange’s dry bulk index slipped on 29 Sept’25 as compared to 26 Sept, on declining vessel rates, weak steel demand, and growing inventories at Chinese ports.

• Capesize: BCI index fell 117 points to 3,524 on 29 Sept against 26 Sept.
• Panamax: BPI index fell 17 points to 1,818 points.
• Supramax: BSI index dropped slightly by 5 points to 1,478 points.