Tag: baltic index trend
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Baltic dry index falls d-o-d on weak Capesize sentiment
The Baltic Dry Index fell d-o-d by 0.7% (14 points) to reach 2,024 on 17 Mar’26, pressured by weaker Capesize sentiment amid limited iron ore fixtures and cautious chartering activity due to geopolitical tension. Capesize: BCI declined by 1.3% (39 points) to 2,888. Panamax: BPI up 0.9% (17 points) to 1,853. Supramax: BSI declined 0.9%…