Tag: BDI
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Baltic Dry Index rises sharply; Capesize leads broad-based gains
Strong activity across Atlantic, Pacific routes drives Capesize gains Panamax reaches 3-week high on continued coal, grain trading The Baltic Dry Index (BDI) recovered by 174 points (5.5%) d-o-d to 3,331 on 2 September, from 3,157 on 1 September. The rally was broad-based, led by a sharp recovery in Capesize rates, while Panamax extended its…