John Faraclas
The BDI@2,462: an inevitable fall amid Geopolitical chaos and odd demand…
It was plain sailing for the BDI (Baltic Dry Index), thanks mainly to the Capes’ surge, but the last two days and the continuous Panamax fall raises too many questions. The Geopolitical environment per our previous reporting smells of gunpowder; CAUTION. John Faraclas’ daily and weekly recaps:
The BDI lost 37 points earlier on today and now stands at 2,462; on a weekly basis though same was up 84 points – from...