Baltic Dry Index Extends Slide Into 7th Day

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, fell for a seventh consecutive session on Tuesday, down 0.7% to a new low since January 26 at 1,882 points, amid weaker iron ore cargo demand and seasonal Lunar New Year effects. The capesize index, which typically transports 150,000-ton cargoes such …

Scroll to Top