Tag: baltic index
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Baltic Dry Index hits over 3-week low as vessel rates continue to weaken
The Baltic Exchange’s dry bulk index dropped by 21 points to 1,945 on 3 Nov’25 against 31 Oct, hitting a three-week low. The index declined due to reduced activity and softening rates in the Capesize and Panamax segments, driven by easing demand for iron ore and coal shipments. Capesize: The BCI declined 41 points to…