The Baltic Dry Index (BDI) slumped to below 1,500 points as a plunge in capesize rates pushed the bulker benchmark to its lowest point in over four months.
The Baltic Exchange index fell by 105 points, or 6.8%, in one day to reach 1,428 in what was the first time the index has touched this level since 2 July, according to data from the freight marketplace.
