Logo

Dry Bulk Market: Capesizes Fall to 1-month Low

Capesize The Capesize market endured a notably weaker week overall, with the BCI 5TC shedding more than $4,000 before closing at $23,160, aided by a $742 uptick today. The Pacific struggled from the outset, with the lack of consistent miner presence weighing on sentiment and pushing C5 rates below $9.00 by midweek. The week, however, …

Source

Related News

India faces domestic iron ore supply challenges de...

6 hours ago

Iron ore futures extend losses as Rio Tinto report...

6 hours ago

January Snapshot: Capesize Ballasters & Deman...

7 hours ago

Baltic Index Scales 2-Week Peak As Vessel Rates Ri...

7 hours ago

Western Bulk launches lumber and project cargo uni...

16 hours ago