Tag: baltic index
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Baltic index heads south d-o-d following Capesize rate drop
The Baltic Exchange’s dry bulk index decreased by 122 points d-o-d to 2,022 on 14 Oct’25. The index declined as Capesize rates weakened, weighed down by slower iron ore shipments from major exporters and an increase in vessel availability. Capesize: The BCI declined sharply by 385 points to 3,007. Panamax: The BPI inched up by…