Daily Capesize Review 25/3/21

Capesize freight rates rebounded slightly with some improvement in the key trading routes amid sluggish market. The Capesize 5 time charter average then rose by $124 day-on-day to $18,490 on Thursday, with improving market sentiment on shipping demand. The Baltic Dry Index (BDI), however continued to drop by 1.00% or 22 points to 2,172 readings, …