Baltic index falls to more than two-week low
2025-08-04 22:31:28
The latest data shows that the Baltic Dry Index (BDI) closed at 1970 points on August 2, 2025, reaching a new low since July 16, 2025. It fell 2.38% month-on-month (from the previous value), marking its largest drop in three days. A comprehensive short-term chart shows that the BDI has experienced five positive growth periods, six negative growth periods, and zero zero growth periods over the past 11 days. The Panamax Index (BPI) closed at 1633 points, down 0.67% from the previous value; the Capesize Index (BCI) closed at 3158 points, down 4.19%; and the Supramax Index (BSI) closed at 1270 points, up 0.08%. For the latest 720-day and 10-year charts of the Baltic Dry Index and its three sub-segments, please see the dedicated charts.
The Baltic Exchange's main ocean freight index, which measures the cost of shipping dry bulk cargoes, fell to its lowest in more than two weeks on Monday as rates for larger vessels fell.
The main index tracking Capesize, Panamax and Supramax freight rates fell 48 points, or 2.38%, to 1,970, its lowest level since July 16.
The capesize index fell 138 points, or 4.2%, to 3,158.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $1,144 to $26,187.
Iron ore futures rose, driven by recent strong demand, falling port inventories and healthy steel margins in top consumer China, but expectations of rising supplies limited further gains.
The Panamax index fell 11 points, or 0.7%, to 1,633, hitting a nearly four-week low.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, fell $102 to $14,696.
Among smaller vessels, the supramax index rose 1 point, or 0.08%, to 1,270 points.
The Baltic Exchange's main ocean freight index, which measures the cost of shipping dry bulk cargoes, fell to its lowest in more than two weeks on Monday as rates for larger vessels fell.
The main index tracking Capesize, Panamax and Supramax freight rates fell 48 points, or 2.38%, to 1,970, its lowest level since July 16.
The capesize index fell 138 points, or 4.2%, to 3,158.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $1,144 to $26,187.
Iron ore futures rose, driven by recent strong demand, falling port inventories and healthy steel margins in top consumer China, but expectations of rising supplies limited further gains.
The Panamax index fell 11 points, or 0.7%, to 1,633, hitting a nearly four-week low.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, fell $102 to $14,696.
Among smaller vessels, the supramax index rose 1 point, or 0.08%, to 1,270 points.
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