Baltic Dry Index Snaps 5-Day Rally

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, halted a five-day winning streak on Friday, falling about 1.9% to 2,978 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, declined by 3.6% to 4,955 points. Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 1.7% to a more than two-year high of 2,233 points; and the supramax index edged up 0.1% to 1,522 points. The benchmark index advanced 9.1% for the week.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fifth session on Thursday, rising about 1.3% to its highest since December 2023 at 3,034 points, amid higher demand across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, increased by 1.3% to a more than five-month high of 5,139 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose 2.8% to an over two-year high of 2,195 points. Among smaller vessels, the supramax index went up by 0.5% to 1,521 points.

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, climbed about 3.7% to the highest since early December 2025 at 2,832 points on Tuesday, buoyed by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, jumped 5.8% to a five-month peak of 4,703 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose 2.6% to 2,054 points. On the other hand, the supramax index decreased by 0.8% to 1,508 points.