Baltic Dry Index drops to its lowest level in more than seven weeks
The Baltic Dry Index fell 2.2%, while a sharp decline in Capesize outweighed modest gains in Panamax and Supramax.
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what happened
Trading Economics reported that the Baltic Exchange Dry index declined 2.2% on Monday to 2,852. The reading was the lowest since August 21.
The Capesize index, which covers vessels typically carrying 150,000-ton cargoes such as iron ore and coal, slid 4.4% to 4,148, its weakest level since late July. In contrast, the Panamax index, generally used for 60,000- to 70,000-ton shipments of coal or grain, rose 0.3% to 2,432, while Supramax gained 0.4% to 1,821.
why it matters
The move points to diverging conditions across dry-bulk shipping segments: Capesize recorded the steepest decline, while Panamax and Supramax ended the session higher.
instruments
sources
- Baltic Dry Index Falls to More Than 7-Week Low — Trading Economics, 12 October 2026 at 13:22 UTC
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