Tag: baltic index trend
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Baltic Dry Index hits 1-week low amid seasonal slowdown, softening demand
The Baltic Dry Index declined by 1.5% (32 points) d-o-d to 2,063 points on 18 Feb’26, driven by a post-Lunar New Year slowdown in Chinese cargo activity, softer iron ore shipments, and easing Capesize charter rates, which outweighed marginal strength in the Panamax segment. Capesize: BCI fell 2.5% (79 points) to 3,115. Panamax: BPI rose…