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Tag: baltic index

  • Baltic dry index falls 4.5% amid year-end slowdown

    Baltic dry index falls 4.5% amid year-end slowdown

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    by

    Nikita Shukla
    in

    The Baltic dry bulk index fell by 4.5% (90 points) d-o-d to 1,889 on 23 Dec, as Capesize rates slid on slower iron ore fixing and cautious chartering during year-end holidays, while Panamax and Supramax segments weakened on softer coal and grain demand, keeping overall market sentiment bearish. Capesize: BCI declined 6.2% (222 points) to…