A chart shows that the Baltic Dry Index has fallen to its lowest point in more than three weeks, with shipping rates weakening across all sectors.
2025-11-04 02:09:14
Latest data shows that the Baltic Dry Index (BDI) was at 1945 points on November 3, 2025, a new low since October 10, 2025, down 1.07% month-on-month, marking the largest drop in four days. Looking at the recent short-term charts, the BDI has seen positive growth 3 times, negative growth 6 times, and zero growth 2 times. Specifically, the Panamax Freight Index (BPI) was at 1801 points, down 1.10% from the previous value; the Capesize Freight Index (BCI) was at 2888 points, down 1.40%; and the Supramax Freight Index (BSI) was at 1320 points, down 0.45%. For detailed 720-day and 10-year trend charts of the Baltic Dry Index and its three main sub-indices, please refer to the specially designed charts.
The Baltic Exchange’s main shipping index (which measures freight rates for dry bulk vessels) fell to its lowest point in more than three weeks on Monday, affected by weaker freight rates across all sectors.
The main index tracking freight rates for Capesize, Panamax, and Supramax vessels fell 21 points, or 1.1%, to 1,945, its lowest level since October 10.
The Capesize index fell 41 points, or 1.4%, to 2,888.
Average daily earnings for Capesize vessels carrying 150,000 tons of cargo, such as iron ore and coal, fell by $333 to $23,955.
Iron ore futures prices softened on Monday, weighed down by concerns over declining Chinese steel production, rising port inventories, and weak downstream demand.
The Panamax index fell 20 points, or 1.1%, to 1,801, marking its sixth consecutive day of decline.
The average daily earnings of Panamax vessels (typically carrying 60,000-70,000 tons of coal or grain) fell by $182 to $16,207.
Among smaller vessels, the Very Large Vessels Index (.BSIS) fell 6 points, or 0.5%, to 1,320.
The Baltic Exchange’s main shipping index (which measures freight rates for dry bulk vessels) fell to its lowest point in more than three weeks on Monday, affected by weaker freight rates across all sectors.
The main index tracking freight rates for Capesize, Panamax, and Supramax vessels fell 21 points, or 1.1%, to 1,945, its lowest level since October 10.
The Capesize index fell 41 points, or 1.4%, to 2,888.
Average daily earnings for Capesize vessels carrying 150,000 tons of cargo, such as iron ore and coal, fell by $333 to $23,955.
Iron ore futures prices softened on Monday, weighed down by concerns over declining Chinese steel production, rising port inventories, and weak downstream demand.
The Panamax index fell 20 points, or 1.1%, to 1,801, marking its sixth consecutive day of decline.
The average daily earnings of Panamax vessels (typically carrying 60,000-70,000 tons of coal or grain) fell by $182 to $16,207.
Among smaller vessels, the Very Large Vessels Index (.BSIS) fell 6 points, or 0.5%, to 1,320.
- Risk Warning and Disclaimer
- The market involves risk, and trading may not be suitable for all investors. This article is for reference only and does not constitute personal investment advice, nor does it take into account certain users’ specific investment objectives, financial situation, or other needs. Any investment decisions made based on this information are at your own risk.
