Baltic Dry Index Falls for 6th Day
2026-02-09 14:58
By
Luisa Carvalho
1 min. read
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, declined for a sixth consecutive day on Monday, down 1.5% to a new low since January 26 at 1,895 points, largely due to softer iron ore cargo volumes and a seasonal slowdown around the Lunar New Year period.
The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, slumped over 2.9% to a two-week low of 2,833 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, fell about 0.2% to 1,648 points.
By contrast, the smaller supramax index rose 0.9% to 1,114 points.