Baltic Dry Index at Over 1-Week High

2026-07-02 13:40 By Luisa Carvalho 1 min. read

The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, rose for the third session on Thursday, surging about 3.4% to its highest since June 24 at 2,650 points, buoyed by the larger vessel segment.

The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, climbed 6.2% to 3,291 points, marking the third consecutive increase, on improved cargo activity along key Australia and Brazil iron ore routes, while Chinese restrictions on some Fortescue deliveries limited buying by domestic steel mills.

At the same time, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, went up 0.8% to 2,195 points; and the supramax index edged up 0.1% to 1,675 points.



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Baltic Dry Index at Over 1-Week High
The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, rose for the third session on Thursday, surging about 3.4% to its highest since June 24 at 2,650 points, buoyed by the larger vessel segment. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, climbed 6.2% to 3,291 points, marking the third consecutive increase, on improved cargo activity along key Australia and Brazil iron ore routes, while Chinese restrictions on some Fortescue deliveries limited buying by domestic steel mills. At the same time, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, went up 0.8% to 2,195 points; and the supramax index edged up 0.1% to 1,675 points.
2026-07-02
Baltic Dry Index at Near 1-Week High
The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for the second session on Wednesday, rising about 2.4% to a near one-week high of 2,562 points. Gains were seen across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, surged 4.1% to 3,692 points, marking the second day of increases; and the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, rose 1.1% to 2,177 points. Among smaller vessels, the supramax index went up by 0.4% to 1,673 points.
2026-07-01
Baltic Dry Index Halts 6-Day Decline
The Baltic Exchange's dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a six-day losing run on Tuesday, rising about 0.4% to 2,501 points, supported by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, went up 0.3% to 3,548 points, after several days of declines; and the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, added 1.4% to 2,154 points. On the other hand, the supramax index edged down by 0.1% to 1,667 points. The benchmark index logged a quarterly gain of about 25%, but dropped 22% for the month.
2026-06-30