Tag: baltic index
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Baltic Dry Index continues to strengthen as Capesize rates surge
The Baltic Exchange’s dry bulk index increased 63 points d-o-d to 2,216 points on 18 Nov’25. The index climbed primarily on a sharp Capesize upswing, fuelled by stronger long-haul iron ore demand and tighter vessel supply, while the Panamax and Supramax markets remained mostly steady. Capesize: The BCI rose sharply by 188 points to 3,516.…