The Baltic Dry Index dropped 4.6% on September 28 to 3,268 points, its lowest level since September 1. Capesize earnings led the decline, falling by almost $4,000 per day as weaker iron-ore sentiment pressured the largest dry-bulk segment.
The Baltic Dry Index fell by 158 points, or 4.61%, to 3,268 on September 28. It was the second consecutive daily decline and the lowest reading since September 1. The Capesize index suffered the sharpest fall, dropping 7.49% to 5,351, while average vessel earnings declined by $3,930 to $45,024 per day.
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