Cointime

Download App
iOS & Android

Baltic Dry Index Rises for 11th Consecutive Day, Weekly Increase of 16.6%

On April 17, foreign media reported that the Baltic Dry Index (BDI) has risen for the 11th consecutive trading day, reaching a four-month high as all vessel types saw increases. The BDI rose by 44 points, or 1.7%, to 2567 points, the highest level since early December 2025. The weekly increase was 16.6%, marking the largest weekly gain since the end of January. The Capesize vessel index (BCI) increased by 102 points, or about 2.5%, to 4128 points, also a four-month high. This index saw a weekly surge of 24.4%. Daily earnings for Capesize vessels rose by $920 to $33,932. The Panamax index (BPI) increased by 5 points, or about 0.3%, to 1975 points, the highest level since early March, with a weekly increase of 6.5%. Daily earnings for Panamax vessels rose by $43 to $17,773. The Supramax index (BSI) increased by 17 points, or 1.2%, to 1415 points, with a weekly increase of 8.2%. The Handysize index (BHSI) rose by 11 points to 741 points.

Comments

All Comments

Recommended for you