Category: Logistic
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Baltic Dry Index falls 2.5% as Capesize rates correct sharply
Capesize leads decline, while Panamax slips and Supramax remains broadly stable BDI falls 2.5% after two consecutive sessions of gains The Baltic Dry Index (BDI) declined by 78 points, or 2.48%, to 3,070 on 5 October, from 3,148 on 2 October. The decline was primarily driven by a sharp correction in Capesize freight rates, while…