John Faraclas
The BDI struggles…
The BDI (Baltic Dry Index) struggles to maintain a momentum as all indices are in red with the exemption of the BCI – Capes’ volatile behaviour. Geopolitics couldn’t be worse. John Faraclas’ daily brief:
The BDI gained two points although in our view same should have been down; it now stands at 1,803 points.
The Capes’ BCI was the only size to gain; with 43 points plus managed to remain above the 3,000 points…
The Panamaxes’ BPI was down 49 points at 1,647…
The...
http://www.allaboutshipping.co.uk/2019/10/28/the-bdi-struggles/