Skip to main content

Baltic index slides

Published by , Editor
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


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


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