Baltic Dry Index at Over 3-Month Low

2026-10-16 14:06 By Luisa Carvalho 1 min. read

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell about 1.3% to a fresh low since June 30 at 2,515 points on Friday, marking its tenth consecutive daily decline.

Weak iron ore demand and subdued sentiment in China’s steel market continued to weigh on Capesize rates, while ample vessel availability added to the downward pressure.

The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, fell further, slipping 2.2% to its lowest since early April at 3,249 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell 1.8% to 2,314 points.

Among smaller vessels, the supramax went up by 0.5% to 1,865 points.

The benchmark index fell about 14% over the week, extending its losing streak to three consecutive weeks.



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Baltic Dry Index at Over 3-Month Low
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell about 1.3% to a fresh low since June 30 at 2,515 points on Friday, marking its tenth consecutive daily decline. Weak iron ore demand and subdued sentiment in China’s steel market continued to weigh on Capesize rates, while ample vessel availability added to the downward pressure. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, fell further, slipping 2.2% to its lowest since early April at 3,249 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, fell 1.8% to 2,314 points. Among smaller vessels, the supramax went up by 0.5% to 1,865 points. The benchmark index fell about 14% over the week, extending its losing streak to three consecutive weeks.
2026-10-16
Baltic Dry Index Extends Slide
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, slumped about 4.6% to its lowest since June 30 at 2,545 points on Thursday, marking the ninth consecutive session of declines. Downward pressure continued to come from larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, plunged 8.5% to its lowest since early April at 3.322 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, slumped by 2.2% to 2,356 points. Among smaller vessels, the supramax index rose by 0.6% to 1,856 points.
2026-10-15
Baltic Dry Index Down for 8th Day
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, continued to decline for the eighth consecutive session on Wednesday, slipping about 4.8% to its lowest since July 29 at 2,667 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, plunged 9.1% to its lowest level since late June at 3,630 points. Concurrently, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, dropped roughly 1% to 2,409 points. Among smaller vessels, the supramax index rose 0.7% to 1,845 points.
2026-10-14