Tag: BPI TREND
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Baltic dry index declines to 2-month low as Capesize weakness outweighs Panamax gains
Slowing trades across key commodities impact freight market Panamax strength tempers broader freight caution The Baltic Exchange’s Dry Bulk Index (BDI) declined by 1.24% (33 points) d-o-d to 2,634 points on 24 June 2026, marking its third consecutive daily decline and falling to its lowest level in around two months. The downturn was driven by…