Tag: baltic index trend

Baltic index slips as Capesize rates weaken on dull iron ore demand

Oct 24, 2025

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by

Nikita Shukla

in Fines/Lumps

The Baltic Exchange’s dry bulk index dropped by 35 points d-o-d on 23 Oct’25 to 2,057. The index fell as China’s steel mills limited iron ore imports due to production curbs, high inventories, or weak steel margins. Capesize: The BCI decreased by 100 points to 3,059. Panamax: The BPI rose by 20 points to 1,924.…