The Baltic Dry Index edged down slightly, but is on track for its fourth consecutive weekly gain.

Golden Ten Data Futures, April 24 — According to foreign media reports, the Baltic Dry Index declined slightly as Capesize and Panamax vessel rates fell, but the index is still on track for a fourth consecutive weekly increase. The Baltic Dry Index fell by 8 points, or 0.3%, to 2,665 points compared to the previous trading day. On Wednesday, the index had reached the highest level in more than four months. The Capesize index dropped 33 points, or 0.8%, to 4,282 points. Average daily earnings for Capesize vessels decreased by $301 to $35,333. The Panamax index slipped 5 points, or about 0.3%, to 1,960 points. Average daily earnings for Panamax vessels fell by $44 to $17,638. The Supramax bulk carrier index climbed 13 points, or 0.9%, to 1,535 points, hitting its highest level since early December 2023.