Baltic Dry Bulk Freight Index Nearly Unchanged Due to Mixed Demand Across Vessel Types

Golden Ten Data Futures March 20 News: According to foreign media reports, on March 20 (Friday), the Baltic Dry Index (BDI) was nearly flat, as a slight increase in demand for Capesize vessels offset the decline in demand for Panamax and Supramax vessels. The Baltic Dry Index (BDI) dropped 1 point compared to the previous trading day, closing at 2056 points. The index rose 1.4% this week. The Capesize Index (BCI) increased by 6 points, or 0.2%, to 2971 points. This index rose 3.2% this week. Average daily earnings for Capesize vessels increased by $49, reaching $23,438. The Panamax Index (BPI) fell by 5 points, or 0.3%, to 1904 points. However, this index rose 3.6% this week. Average daily earnings for Panamax vessels decreased by $45, reaching $17,132. The Supramax Index (BSI) dropped 5 points, or 0.4%, to 1224 points. This index declined 4.6% this week. The Handysize Index (BHSI) fell by 5 points, closing at 744 points.