June 2022

Back to Baltic Dry Index

15-June-2022

The Baltic Dry Index (BDI) increased to 2,284 points. The dry bulk markets revealed a little hope on Tuesday after plunging steadily for two weeks. Tuesday’s gain marked the first time that the Baltic Dry Index (BDI) enhanced after declining gradually from 2,633 points on 1 June 2022. Capesize 5TC reached over $19,000 per day. Capesize 5TC ascended back to the positive with support mostly from the Atlantic Basin. Capesize C3 route was at $31.18 per tonne on Tuesday. Capesize C5 route was at $12.41 per tonne on Tuesday. Rio Tinto capesize bulk carrier for 190,000 tonnes of iron ore from Dampier, to Qingdao at $12.40 per tonne. The Panamax 5TC route reached $23,657 per day on Tuesday. This small gain came after the Panamax 5TC slid steadily by 23% from $30,392 per day on 23 May 2022.