Baltic Dry Index Falls to Over 2-Week Low
2026-05-21 14:31
By
Luisa Carvalho
1 min. read
The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, extended its decline into a fifth day on Thursday, falling about 1.4% to its lowest since May 5 at 2,964 points, pressured by the larger vessel segments.
The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, slipped 4.1% to 2,276 points; and the capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, fell 0.9% to an over two-week low of 4,834 points.
Conversely, the supramax index went up 0.3% to 1,571 points.