Baltic Dry Index Slides to Lowest Level Since July 31 as Capesize and Panamax Rates Weaken
The Baltic Exchange's main dry bulk index fell to its lowest reading in more than two weeks as declines in capesize and panamax rates outweighed gains in the supramax segment. Average daily earnings for capesize and panamax vessels decreased, while iron ore futures climbed amid expectations of additional Chinese stimulus despite concerns about slow…