The Baltic Dry Index for bulk cargo shipping in the Baltic Sea has dropped due to a decrease in ship demand.

According to foreign media reports, the Baltic Dry Index fell as all freight rates for various ship types decreased. The Baltic Dry Index dropped by 12 points, or 0.86%, to 1386 points. The Capesize ship index fell by 17 points to 1961 points. The daily profit of Capesize ships decreased by $143 to $16,265. The Panamax ship index fell by 9 points to 1380 points. The daily profit of Panamax ships decreased by $81 to $12,423. The Supramax bulk carrier index fell by 10 points to 957 points, marking the third consecutive day of decline.