Baltic index extends decline, hits two-week low
2025-07-30 21:38:12
The latest data shows that the Baltic Dry Index (BDI) closed at 1995 points on July 30, 2025, reaching a new low since July 16, 2025. It fell 5.41% month-on-month (from the previous value), marking the largest drop since June 26, 2025, and the fourth consecutive day of decline (including zero growth). A comprehensive short-term chart shows that the BDI showed six positive growths, five negative growths, and zero zero growth in the last 11 data points. The Panamax Index (BPI) was at 1689 points, down 2.99% from the previous value; the Capesize Index (BCI) was at 3186 points, down 8.34%; and the Supramax Index (BSI) was at 1271 points, down 0.78%. For the latest 720-day and 10-year charts of the Baltic Dry Index and its three major sub-segments, please see the dedicated charts.
The Baltic Exchange's main sea freight index, a measure of rates for ships carrying dry bulk commodities, fell for a fourth straight session on Wednesday to a two-week low as demand weakened across all vessel segments.
The main index tracking freight rates for Capesize, Panamax and Supramax vessels fell 114 points, or 5.4%, to 1,995, its lowest level since July 16.
The capesize index fell 290 points, or 8.3%, to 3,186, its lowest level in a week. It was the third consecutive day of decline.
Capesize vessels, which typically carry 150,000 tonnes of cargo such as iron ore and coal, saw average daily earnings fall by $2,408 to $26,422.
Iron ore futures prices retreated on Wednesday.
The Panamax index fell 52 points, or 3%, to 1,689, its lowest level since July 9 and its 11th consecutive day of decline.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $468 to $15,203.
Among smaller vessels, the supramax index fell 10 points, or 0.8%, to 1,271, its lowest point in more than two weeks.
The Baltic Exchange's main sea freight index, a measure of rates for ships carrying dry bulk commodities, fell for a fourth straight session on Wednesday to a two-week low as demand weakened across all vessel segments.
The main index tracking freight rates for Capesize, Panamax and Supramax vessels fell 114 points, or 5.4%, to 1,995, its lowest level since July 16.
The capesize index fell 290 points, or 8.3%, to 3,186, its lowest level in a week. It was the third consecutive day of decline.
Capesize vessels, which typically carry 150,000 tonnes of cargo such as iron ore and coal, saw average daily earnings fall by $2,408 to $26,422.
Iron ore futures prices retreated on Wednesday.
The Panamax index fell 52 points, or 3%, to 1,689, its lowest level since July 9 and its 11th consecutive day of decline.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $468 to $15,203.
Among smaller vessels, the supramax index fell 10 points, or 0.8%, to 1,271, its lowest point in more than two weeks.
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