{"id":19605,"date":"2020-10-17T15:22:51","date_gmt":"2020-10-17T12:22:51","guid":{"rendered":"https:\/\/www.al-sindbad.net\/baltic-index-falls-due-to-weak-capesize-demand\/19605\/"},"modified":"2020-10-17T15:22:51","modified_gmt":"2020-10-17T12:22:51","slug":"baltic-index-falls-due-to-weak-capesize-demand","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/baltic-index-falls-due-to-weak-capesize-demand\/19605\/","title":{"rendered":"Baltic Index Falls Due To Weak Capesize Demand"},"content":{"rendered":"<p><\/p>\n<p>The overall index, which factors in rates for capesize, panamax, supramax and handysize bulk vessels, was down 76 points, or 4.6%, at 1,561 points yesterday after the biggest percentage drop in over two months. The index is<a href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\"> down from a\u00a0one-year high of 2,097<\/a>.<\/p>\n<p><\/p>\n<p>The capesize index itself lost 189 points or 6.7% because average daily earnings for capesize bulkers were down $1,568 to $21,737.<\/p>\n<p><\/p>\n<p>Iron ore futures also showed losses because of rising port inventories and softening demand in China.<\/p>\n<p><\/p>\n<p>The panamax index fell 3.4%, the supramax index fell three points while the handysize index was flat.<\/p>\n<p><\/p>\n<p>\u00a0<\/p>\n<p>gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The overall index, which factors in rates for capesize, panamax, supramax and handysize bulk vessels, was down 76 points, or 4.6%, at 1,561 points yesterday after the biggest percentage drop in over two months. The index is down from a\u00a0one-year high of 2,097. The capesize index itself lost 189 points or 6.7% because average daily &hellip;<\/p>\n","protected":false},"author":1,"featured_media":14592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1559,1223,1376,1576,1399,1560,1312],"class_list":["post-19605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-baltic","tag-capesize","tag-demand","tag-due","tag-falls","tag-index","tag-weak"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/19605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=19605"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/19605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/14592"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=19605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=19605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=19605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}