Tag: Baltic dry bulk index
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Baltic Dry Index drop d-o-d amid correction in Capesize segment
The Baltic Dry Index dropped by 2% (56 points) d-o-d to 2,978 on 8 May’26, primarily due to a correction in the Capesize segment amid softer fixing momentum and easing trading activity despite underlying support from iron ore cargo demand. Capesize: BCI decreased 4% (184 points) to 4,955. Panamax: BPI gained 2% (38 points) to…