Tag: baltic index trend

The Baltic Dry Index declined by 2.33% (42 points) d-o-d on 22 Jan, pressured mainly by a sharp correction in the Capesize segment, as softer iron ore demand, increased vessel availability, and limited fresh cargo inquiries weighed on sentiment offsetting increase in smaller vessel segments. Capesize: BCI dropped 5.23% (143 points) to 2,589. Panamax: BPI…