Tag: baltic index trend
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Baltic Dry Index continues to rise on tight tonnage; geopolitical risk adds support
The Baltic Dry Index surged 2.15% (46 points) to 2,233 on 4 Mar’26 vs 2 Mar, supported by tight vessel supply and firm iron ore and coal demand. Middle East tensions added a bunker and routing-led risk premium. Capesize: BCI rose by 2.26% (69 points) to 3,202. Panamax: BPI was up 1.8% (35 points) to…