Tag: Baltic dry index
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Baltic Dry Index hits 10-day low as easing geopolitical risks, weaker Capesize rates pressure freights
Softer coal, iron ore inquiries, higher vessel supply pressure Capesize earnings Supramax hits near four-year high, while Panamax remains largely stable The Baltic Exchange Dry Bulk Index (BDI) declined for the second consecutive session on 16 July 2026, falling 2.9% (89 points) to 2,840 points, its lowest level since 6 July. The decline was primarily…