A chart: The Baltic Index rose on strength in Capesize and Panamax vessels
2025-10-22 01:17:49
The latest data shows that the Baltic Dry Index (BDI) reached 2094 points on October 21, 2025, reaching a new high since October 13, 2025. It rose 1.21% month-on-month (from the previous value), marking the largest increase in three days and the fourth consecutive day of increases (including zero growth). A comprehensive short-term chart shows that the BDI showed positive growth seven times, negative growth three times, and zero growth once in the last 11 data points. The Panamax Index (BPI) was at 1858 points, up 1.59% from the previous value; the Capesize Index (BCI) was at 3184 points, up 1.79%; and the Supramax Index (BSI) was at 1414 points, down 0.56%. 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 freight rates for ships transporting dry bulk commodities, rose on Tuesday, supported by rising Capesize and Panamax rates.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 23 points, or 1.1%, to 2,094.
The capesize index rose 56 points, or 1.8%, to 3,184, its highest level since October 13.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose $460 to $26,404.
Iron ore futures were largely range-bound on Tuesday as investors turned their attention to a meeting of China's top leadership that will set economic policy for the world's second-largest economy over the next five years.
The Panamax index rose 29 points, or 1.6%, to 1,858.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $258 to $16,718.
Among smaller vessels, the supramax index fell 8 points to 1,414.
The Baltic Exchange's dry bulk shipping index, which monitors freight rates for ships transporting dry bulk commodities, rose on Tuesday, supported by rising Capesize and Panamax rates.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 23 points, or 1.1%, to 2,094.
The capesize index rose 56 points, or 1.8%, to 3,184, its highest level since October 13.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose $460 to $26,404.
Iron ore futures were largely range-bound on Tuesday as investors turned their attention to a meeting of China's top leadership that will set economic policy for the world's second-largest economy over the next five years.
The Panamax index rose 29 points, or 1.6%, to 1,858.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $258 to $16,718.
Among smaller vessels, the supramax index fell 8 points to 1,414.
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