Tag: baltic index

Baltic dry index slips 5% as Capesize sentiment weakens on softer iron ore demand

Dec 11, 2025

—

by

Nikita Shukla

in Fines/Lumps

The Baltic dry bulk index fell by 5% (127 points) d-o-d to 2,430 on 10 Dec. Weaker iron ore chartering, softer Chinese steel mill demand, increased vessel availability, and reduced fresh cargo inquiries collectively pressured rates and drove the BCI lower. Capesize: The BCI fell 7.5% (347 points) to 4,284. Panamax: The BPI decreased 1.2%…