Tag: baltic index
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Baltic index jumps as Capesize rates surge to 2-year high
The Baltic Exchange’s dry bulk index increased by 92 points d-o-d to 2,401 on 26 Nov’25, driven by a sharp Capesize rally amid firm iron ore demand and tight vessel supply. Steady Panamax and Supramax gains supported overall market sentiment. Capesize: The BCI rose 268 points to a 2-year high of 3,998. Panamax: The BPI climbed…