Tag: baltic index trend
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Baltic index declines as Capesize rates fall sharply
The Baltic Exchange’s dry bulk index decreased by 66 points d-o-d on 24 Oct’25 to 1,991. The index fell as Capesize rates dropped sharply amid weak iron ore shipments and limited charter demand, while Panamax stayed flat and Supramax saw a slight dip. Capesize: The BCI dropped by 188 points to 2,871. Panamax: The BPI…