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HomeMaritime NewsRegionsAmericasBDI falls to new low

BDI falls to new low

BDI falls to new low
The Baltic Dry Index (BDI) fell the for the second straight day in 2016 to hit a new low on Tuesday.

The BDI fell five points on Tuesday to close at 468 points. It marks a new all time low for the index three points less than the previous low of 471 points set in mid-December last year.

Capesize rates continued to weaken with the Baltic Capesize Index (BCI) fell 10 points to 462 points with the average spot TC Index dropping $135 to $4,676 per day.

TAGS: Asia Europe Dry Bulk capesize

 

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