Tag: Baltic dry bulk index
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Baltic dry index slips on Capesize weakness despite Panamax support
The Baltic dry index fell by 3.27% (58 points) d-o-d to 1,718 on 8 Jan’26, driven by a sharp decline in Capesize rates amid softer iron ore and coal demand and increased vessel availability. A slowdown following the year-end holidays and cautious chartering sentiment further weighed on the market. Capesize: BCI declined 5.46% (157 points) to…