Dry cargo market report dated 8 November 2019

Panamax: The weaker and softer trend continued during the week with a large sell-off in both basins resulting in the Baltic Panamax Index (BPI) losing well over 100 points on the week.

BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings. 


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