Weekly Dry Market Monitor: Spotlight on Capesize Freight and Growth of Tonne Miles to India

Key Takeaway The first half of the year is on track for the strongest Baltic Dry Index (BDI) performance since 2023. C3 and C5 rates remain supported by resilient Chinese iron ore imports despite weak domestic steel production. Market attention is increasingly shifting toward India’s evolving iron ore demand dynamics. The first half of the ...