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.
Baltic Dry fell to 2,978 Index Points on May 8, 2026, down 1.85% from the previous day. Over the past month, Baltic Dry's price has risen 37.81%, and is up 129.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Baltic Exchange Dry Index reached an all time high of 11793.00 in May of 2008. Baltic Exchange Dry Index - data, forecasts, historical chart - was last updated on May 8 of 2026.
Baltic Dry fell to 2,978 Index Points on May 8, 2026, down 1.85% from the previous day. Over the past month, Baltic Dry's price has risen 37.81%, and is up 129.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index is expected to trade at 2803.38 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3206.11 in 12 months time.