Tag: Baltic capesize index
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Baltic Dry Index rises as Capesize and Panamax strengthen on firm cargo demand
Capesize rebounds on firm iron ore demand and tighter tonnage Supramax remains rangebound amid weak minor bulk demand The Baltic Dry Index (BDI) increased by 26 points (0.85%) to 3,083 on 10 August, from 3,057 on 6 August, extending its firm trend post Singapore Day holidays. The market remained supported by improving sentiment across the…