Tag: baltic index
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Baltic Dry Index rises on Capesize, Supramax strength; Panamax witnesses drop
The Baltic Exchange’s dry bulk index gained 28 points against 14 Nov’25 to 2,153 on 17 Nov. Capesize rates strengthened on improved iron ore demand and tighter tonnage, amid China’s winter restocking, which helped balance a dip in Panamax levels. Supramax rates also firmed on steady minor bulk activity. Capesize: The BCI surged 76 points…