Baltic Dry Index Down for 2nd Day
2026-02-26 13:59
By
Luisa Carvalho
1 min. read
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, eased for the second session on Thursday, falling 0.2% to 2,117 points, pushed down by the bigger-size segment.
The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, dropped 2.5% to 3,051 points, mainly reflecting weaker iron ore demand and persistent oversupply pressures.
On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, rose 1.4% to 1,916 points; and the supramax index advanced 3.5% to 1,299 points.