The latest data shows that the Baltic Dry Index (BDI) closed at 1950 points on October 28, 2025, reaching a new low since October 10, 2025. It fell 1.32% month-on-month (from the previous value), marking the largest drop since October 24, 2025, and the fifth consecutive day of decline (including zero growth). A comprehensive short-term chart shows that the BDI showed three positive growths, seven negative growths, and one zero growth in the last 11 data points. The Panamax Index (BPI) was at 1904 points, down 0.88% from the previous value; the Capesize Index (BCI) was at 2784 points, down 1.90%; and the Supramax Index (BSI) was at 1350 points, down 0.81%. 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, extended its decline on Tuesday, dragged down by falls in rates for all vessel categories.

The main index measuring freight rates for Capesize, Panamax and Supramax vessels fell 26 points, or 1.3%, to 1,950, its lowest level in more than two weeks.

The Capesize index fell for three consecutive weeks, down 54 points, or 1.9%, to 2,784, its lowest level since October 3.

Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $445 to $23,089.

Iron ore futures prices firmed on Tuesday, with market sentiment boosted by China's recently proposed rules to limit steel production capacity, aimed at balancing supply and demand in the world's largest steel producer.

The panamax index fell 17 points, or 0.9%, to 1,904, its lowest level in a week.

Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $154 to $17,138.

Among smaller vessels, the supramax index fell 11 points to 1,350.