Tag: baltic index
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Baltic dry index drops as soft demand, vessel oversupply weigh on rates
The Baltic Exchange’s dry bulk index fell d-o-d by 26 points on 28 Oct’25 to 1,950. The index dropped across vessel segments amid weak cargo demand, vessel oversupply, and subdued chartering activity. Capesize: The BCI decreased by 54 points to 2,784. Panamax: The BPI fell by 17 points to 1,904. Supramax: The BSI dropped by…