02
Dec

Dry Bulk Market: Capesize Market Faces Headwinds

Capesize The Capesize market experienced a turbulent week, marked by a mix of sporadic positivity and mounting downward pressure. The BCI 5TC started the week at $21,673, gained ground midweek, peaking at $23,049 on Tuesday, but plunged to $17,686 by Friday, losing $3,987 over the week. In the Pacific, initial optimism driven by miner activity …