John Faraclas
The BDI@692; Panamaxes save the day
The BDI (Baltic Dry Index) clinched two points earlier on today thanks to the Panamaxes’ “surge”… Geopolitics remain crucial in all fronts. John Faraclas’ brief daily recap:
The Capes’ fall continued; minus 11 points and the BCI now stands at 167 points!!! Ultra-CAUTION should be observed….
The Panamaxes 31 plus points saved the day and lets hope soon the BPI will be over and above the 1,100 mark. At 1,087 today ensures its rise!
Eight points losses...
http://www.allaboutshipping.co.uk/2019/03/28/the-bdi692-panamaxes-save-the-day/