Tag: baltic index trends
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Baltic Dry Index rebounds on Capesize, Panamax strength
Firm iron ore export demand from Australia, Brazil lifts Capesize index Supramax remains under pressure despite broader market gains The Baltic Dry Index (BDI) rebounded 2.21% d-o-d (59 points) to 2,732 on 31 July against 2,673 on 30 July, supported by a strong recovery in the Capesize and Panamax segments. Firm iron ore cargo volumes…