Baltic dry bulk index continues its strong run on Capesize rally

The Baltic dry bulk index recorded its strongest daily surge since Oct'13, jumping 9.4% (245 points) d-o-d to 2,845 on 3 Dec. Capesize drove the rally on exceptional chartering momentum, while Panamax weakened on softer grain and coal demand Supramax was steady amid balanced availability and cargo volumes.

• Capesize: The BCI jumped 16.3% (751 points) to 5,387.
• Panamax: The BPI slipped 1.2% (23 points) to 1,892.
• Supramax: The BSI inched up by 0.21% (3 points) to 1,444.