Tag: Brazil

Baltic Index rises on stronger Capesize and Panamax demand

Oct 23, 2025

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by

Rubal Saini

in Fines/Lumps

The Baltic Exchange’s dry bulk index rose by 23 points on 22 Oct’25 to 2,092 against 17 Oct. The index rise was driven by the larger vessels amid increased iron ore shipments from Australia and Brazil driven by seasonal restocking by Chinese steel mills ahead of winter. Capesize: The BCI increased by 38 points to…