Baltic Dry Bulk Freight Index Falls Due to Weaker Demand for Capesize and Panamax Vessels
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```htmlGolden Ten Data Futures, May 21 — The Baltic Dry Index (BDI) fell for the fifth consecutive trading day on Thursday, as Capesize and Panamax vessel freight rates declined. The Baltic Dry Index (BDI) dropped by 41 points, or 1.4%, compared to the previous trading day, closing at 2,964 points, marking the lowest level in over two weeks. The Capesize Index (BCI) decreased by 46 points, or 0.9%, to 4,834 points, its lowest since May 5. Average daily earnings for Capesize vessels fell by $425, to $40,335. The Panamax Index (BPI) declined by 98 points, or 4.1%, to 2,276 points. Average daily earnings for Panamax vessels decreased by $882, to $20,458. The Supramax Bulk Carrier Index (BSI) rose by 5 points, or 0.3%, closing at 1,571 points. The Handysize Index (BHSI) dropped by 2 points, closing at 846 points.```
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