Tag: baltic index trend
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Baltic dry index slips on Capesize weakness despite support from smaller segments
The Baltic Dry Index declined by 1.12% (24 points) to 2,124 points on 2 Feb’26 against 30 Jan. The decline was driven by weaker Capesize performance, as softer iron ore demand and lower fixing activity on major long-haul routes offset modest gains in Panamax and Supramax segments. Capesize: BCI dropped by 2.08% (73 points) to…