John Faraclas by GTP
BDI firms a bit and gives rise to hopes… but…
The BDI (Baltic Dry Index) gained 25 points since yesterday and now stands at 1,500. Geopolitics remain more than perplexed and Coronavirus advances continue to the detriment of the public but NOT that of the politicians… John Faraclas’ brief daily recap:
The Capes’ BCI was up six points; …no bad eh! At 2,464 balances the entire Dry market..
The Panamaxes BPI was up 84 points and now reads 1,494…
Supras and Handies on the low side;...
https://www.allaboutshipping.co.uk/2020/08/06/bdi-firms-a-bit-and-gives-rise-to-hopes-but/