Baltic Dry Index Snaps 7-Day Winning Run
2026-11-13 15:39
By
Luisa Carvalho
1 min. read
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell by 1.3% to 2,980 points on Friday, bringing a seven-day winning streak to an end.
The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, dropped by 2.4% to 4,719 points, likely tracking lower iron ore prices amid rising supply and weakening demand.
Meanwhile, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 0.1% to a fresh high since October 22 at 2,118 points.
Among smaller vessels, the supramax index increased by 0.3% to its highest since November 3 at 1,836 points.
For the week, the benchmark recorded a 4.4% advance.