Baltic index declines as Capesize rates fall sharply
The Baltic Exchange's dry bulk index decreased by 66 points d-o-d on 24 Oct'25 to 1,991. The index fell as Capesize rates dropped sharply amid weak iron ore shipments and limited charter demand, while Panamax stayed flat and Supramax saw a slight dip.
- Capesize: The BCI dropped by 188 points to 2,871.
- Panamax: The BPI remained unchanged at 1,924.
- Supramax: The BSI was down by 9 points to 1,369.