Tag: baltic index trend
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Baltic Dry Index extends losses, hits 2-week low
The Baltic Dry Index fell by 2.4% (48 points) d-o-d to a two-week low of 1,989 on 24 Mar’26. The decline in the index was primarily driven by weakness in the Capesize segment due to reduced earnings and softer cargo flow. Capesize: BCI down 3.2% (93 points) to 2,844. Panamax: BPI declined 2.6% (49 points)…