Tag: baltic index trend
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Baltic dry index declines on soft demand, tonnage oversupply
The Baltic Dry Index declined by 0.97% (19 points) d-o-d to 1,936 points on 5 Feb’26. Cumulative pressure from softer iron ore and coal demand, cautious chartering ahead of seasonal holidays, and temporary oversupply of tonnage kept the index under pressure. Capesize: BCI down by 1.44% (43 points) to 2,951. Panamax: BPI dipped by 1.54%…