A chart: The Baltic Index hit a near two-month high as Capesize and Panamax vessels strengthened
2025-09-24 21:42:55
The latest data shows that the Baltic Dry Index (BDI) reached 2240 points on September 24, 2025, reaching a new high since July 25, 2025. It rose 1.82% month-on-month (from the previous value), the largest increase since September 9, 2025, and marked the second consecutive day of increases (including zero growth). A comprehensive short-term chart shows that the BDI showed eight positive growths, three negative growths, and zero zero growths over the past 11 days. The Panamax Index (BPI) was at 1824 points, up 1.39% from the previous value; the Capesize Index (BCI) was at 3573 points, up 3.00%; and the Supramax Index (BSI) was at 1483 points, down 0.20%. 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 dry bulk shipping index, which monitors rates for ships transporting dry bulk commodities, rose to a near two-month high on Wednesday, driven by rising rates for Capesize and Panamax vessels.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 40 points to 2,240, its highest level since July 25.
The capesize index rose 104 points to 3,573 points.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose $866 to $29,636.
Iron ore futures prices stabilized, but analysts warned that recent gains may have exceeded market fundamentals.
The panamax index rose 25 points to 1,824, snapping a seven-day losing streak.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose by $224 to $16,414.
Among smaller vessels, the supramax index fell 3 points to 1,483.
The Baltic Exchange's dry bulk shipping index, which monitors rates for ships transporting dry bulk commodities, rose to a near two-month high on Wednesday, driven by rising rates for Capesize and Panamax vessels.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 40 points to 2,240, its highest level since July 25.
The capesize index rose 104 points to 3,573 points.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose $866 to $29,636.
Iron ore futures prices stabilized, but analysts warned that recent gains may have exceeded market fundamentals.
The panamax index rose 25 points to 1,824, snapping a seven-day losing streak.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose by $224 to $16,414.
Among smaller vessels, the supramax index fell 3 points to 1,483.
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