Baltic Index

Capesize Breakthroughs Lift Baltic Index to 1-year High

Credits: Shaah Shahidh/ unsplash

Baltic index hits 1-year high on capesize gains, highlights a Hot Copper news source.

The Baltic Exchange’s main sea freight index

BADI rose to its highest in a year on Monday, helped by higher rates for capesize vessels.

  • The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, climbed 3.2% to 1,991.
  • The capesize index .BACI added 176 points, gaining 5.3% to 3,485 – its highest level since May 25, 2022.
  • Average daily...

https://mfame.guru/capesize-breakthroughs-lift-baltic-index-to-1-year-high/

Capesize Demand Boosts Baltic Index to 1-year High

Credit: rinson-chory-2vPGGOU-unsplash

Baltic index climbs to 1-yr high on robust capesize demand, reveals a Hot Copper news source.

The Baltic Exchange’s dry bulk sea freight index

BADI climbed to a 1-year high on Friday as capesize rates firmed for a fifth consecutive week.

  • The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 102 points, or 5.6%, to 1,929.
  • The main index rose 13.4% for the week to log its fifth consecutive weekly rise.
  • The...

https://mfame.guru/capesize-demand-boosts-baltic-index-to-1-year-high/

Baltic Freight Index Dips for 8th Straight Session

Credits: Khebab salaheddine/Pexels

The Baltic Exchange’s main sea freight index, which measures the cost of shipping goods worldwide, was down for the 8th straight session on Wednesday, slipping about 4.8% to a one-month low of 994 points, as weakness in steel and coal markets pressured the larger vessel segments, reports Trading Economics.

“Weaker steel markets and softer coal trade have led to the pressure and FFAs (forward freight agreements) have slipped as well,” Jefferies said in a note.

Cape...

https://mfame.guru/baltic-freight-index-dips-for-8th-straight-session/

Baltic Index Rises Over 10 Week-high On Capesize, Panamax Demand

Credit: rinson-chory-2vPGGOU-unsplash

Baltic index hits over ten-week high on stronger capesize, panamax demand, reveals an XM news source.

Baltic Exchange’s main sea freight index

The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, rose to its highest level since late December on Monday, supported by stronger rates across capesize and panamax segments.

* The overall index, which factors in rates for capesize, panamax and supramax...

https://mfame.guru/baltic-index-rises-over-10-week-high-on-capesize-panamax-demand/

Muted Vessel Demand Pulls Baltic Index Down By 2.7%

The Baltic Exchange’s main sea freight index declined on Tuesday, reports Yahoo Finance.

Baltic index decline

The Baltic Exchange’s main sea freight index that tracks rates for ships ferrying dry bulk commodities declined on Tuesday, weighed down by muted demand across vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was down 59 points, or 2.7%, to 2,103, its weakest since March 16.

Capesize Index

  • The capesize index edged down 72 points, or 3.1%,...

https://mfame.guru/muted-vessel-demand-pulls-baltic-index-down-by-2-7/

Elevated Dry Bulk Demand Pushes Baltic Index Up By 44 Points

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday to its highest level since mid-October last year, reports Reuters.

Gains extended

The Baltic Exchange’s main sea freight index, climbed on Tuesday to its highest level since mid-October last year as rates for capesize and panamax vessels extended gains.

Baltic sea freight index

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 44 points,...

https://mfame.guru/elevated-dry-bulk-demand-pushes-baltic-index-up-by-44-points/

Baltic Index Upticks Despite Weekly Decline

The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Friday, buoyed by an uptick in demand for capesize and panamax vessels, reports Yahoo Finance.

The Rise and Fall

The Baltic index rose 14 points, or 1%, to 1,415. However, the index registered a 4.2% weekly loss, marking its third straight weekly decline.

The capesize index gained 26 points at 2,261 but registered a more than 6% weekly fall. Average daily earnings for capesizes,...

https://mfame.guru/baltic-index-upticks-despite-weekly-decline/

Baltic Index Surges to 1 Year High Over Elevated Capesize Demand

  • The Baltic Index surges to over 1 year high on Friday.
  • China’s businesses being reopened surges the Iron ore demand.

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to over one-year high on Friday as rates for Capesize vessels surged on higher iron-ore demand, says an article published in the Yahoo Finance.

The overall index, which factors in rates for Capesize, Panamax, supramax and handysize shipping vessels, was up 151 points, or...

https://mfame.guru/baltic-index-surges-to-1-year-high-over-elevated-capesize-demand/

Panamax Jump Pushes Baltic Index To 3-Week High

The Baltic Exchange’s main sea freight index hit a near three-week high on Monday, as the panamax index soared to its highest level in more than 9 months, reports Yahoo News

What’s the Scenario Now?
  • The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 5 points, or 0.3%, at 1,506, its highest in nearly three weeks.
  • The panamax index gained 37 points, or 2.4%, to 1,600, its highest in over 9 months.
  • Av...

https://mfame.guru/panamax-jump-pushes-baltic-index-to-3-week-high/

Higher Rates for Smaller Vessels Push Baltic Index Up by 9 Points

  • Higher rates for smaller vessels lift Baltic index.
  • Baltic Index rose 9 points to 506 points.
  • The panamax index climbed 24 points, or 3%, to 811 points, its highest since Jan. 21.
  • The supramax index rose 19 points to 543.
  • The capesize index fell 13 points to -239 points.

The Baltic Exchange’s main sea freight index peaked higher on Monday. Gains in the panamax and supramax vessel segments offset lower capesize rates and aided lifting Baltic Index, reports Reuters.

Rates of Smaller vessels 

Panam...

http://mfame.guru/higher-rates-for-smaller-vessels-push-baltic-index-up-by-9-points/

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