Baltic Dry Index Snaps Two-day Losing Streak

The Baltic Exchange dry bulk freight index rose 1.6% to 2,523 on Thursday, reaching its highest level since December 9, 2025 and marking a tenth consecutive day of gains. The capesize index, which tracks vessels carrying around 150,000 tons such as iron ore and coal, climbed 1.6% to 4,026, its highest in over four months. The panamax index, covering ships that transport 60,000 to 70,000 tons of coal or grain, increased 1.1% to 1,970, the strongest level since early March. Meanwhile, the supramax index gained nearly 2% to 1,398.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, rose for a ninth consecutive session on Wednesday, surging 5.5% to its highest since early December 2025 at 2,484 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also advanced for the ninth consecutive day, soaring about 8% to its highest since mid-December 2025 at 3,964 points. At the same time, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose 2.5% to a more than three-week high of 1,948 points, notching its tenth consecutive daily increase. Among smaller vessels, the supramax index advanced 2% to 1,371 points.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for the eighth consecutive day on Tuesday, climbing 4.6% to its highest since December 10 at 2,354 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for the eighth straight session, surging 6.8% to its highest since December 18 at 3,671 points. At the same time, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose 2% to 1,900 points; and the supramax index went up 1.8% to 1,344 points.