Tag: baltic index
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Baltic index climbs up on Capesize strength amid firm iron ore demand
The Baltic dry bulk index surged by 80 points d-o-d to 2,560 on 28 Nov’25, due to a strong Capesize rally, driven by firmer iron ore demand and tighter vessel supply. Panamax dipped on softer grain demand, and Supramax edged up on steady minor bulk flows. Capesize: The BCI gained 245 points to 4,481. Panamax:…