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Tag: Baltic dry bulk index

  • Capesize rally pushes Baltic Dry Index to two-week high

    Capesize rally pushes Baltic Dry Index to two-week high

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    by

    Nikita Shukla
    in

    Panamax extends gains; Supramax remains flat Firm iron ore export demand lifts Capesize earnings The Baltic Dry Index (BDI) climbed 4.06% (111 points) to 2,843 on 3 August from 2,732 on 31 July, marking its highest level since 15 July. The rally was primarily driven by robust Capesize earnings, supported by firm iron ore export…