Skip to main content

Baltic index slides

Published by
World Cement,

According to a report by Reuters, on 14 January the Baltic Exchange's main sea freight index reached a record low for the eighth straight session, damaged by weaker global demand.

The overall index, which gauges the cost of shipping dry bulk cargoes including cement was down 11 points, or 2.79%, at 383 points.

The index has dropped by approximately 20% this year and on 13 January fell below 400 points for the first time on record.

The capesize, panamax and handysize indices also touched record lows on 14 January.

Edited from source by Joseph Green. Source: Reuters

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):