Tag: Baltic dry bulk index
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Stronger Capesize and Panamax earnings lift Baltic Dry Index to a 3-week high
Capesize rallies further on robust iron ore demand Panamax strengthens; Supramax remains rangebound The Baltic Dry Index (BDI) rose 3.3% (93 points) d-o-d to 2,936 on 4 August from 2,843 on 3 August, reaching a three-week high and extending gains for a fourth consecutive session. The rally was primarily driven by stronger Capesize earnings amid…