Baltic Dry Index Hovers Around 4-Month Highs

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, edged down by 0.1% to 2,673 points on Thursday, ending a 14-day rally, but still near a more than four-month high. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased by 0.9% to 4,315 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell 0.3% to 1,965 points. Among smaller vessels, the supramax index climbed 2.6% to its highest since early December 2023 at 1,522 points.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, extended its rally into a 14th session on Wednesday, rising 1.3% to its highest level since early December 2025 at 2,675 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, increased 1.3% to a more than four-month high of 4,356 points; and the supramax index advanced 2.8% to 1,484 points. Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, was down for a second day, falling 0.1% to 1,971 points.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a 13th successive session on Tuesday, rising 0.3% to a fresh high since early December 2025 at 2,640 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, held steady at a more than four-month high of 4,300 points; and the supramax index rose 1.5% to 1,443 points. Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell about 0.2% to 1,973 points.