A chart shows the Baltic Dry Index rising to a two-week high, boosted by stronger Capesize and Panamax bulk carrier rates.
2025-11-06 01:33:59
Latest data shows that the Baltic Dry Index (BDI) reached 2003 points on November 5, 2025, a new high since October 23, 2025, up 2.30% month-on-month, the largest increase since October 16, 2025, and the second consecutive day of increase (including zero growth). Looking at the short-term charts, the recent 11 BDI data points show: 4 positive increases, 6 negative increases, and 1 zero increase. Specifically, the Panamax Freight Index (BPI) was 1793 points, up 0.28% from the previous value; the Capesize Freight Index (BCI) was 3084 points, up 4.65%; and the Supramax Freight Index (BSI) was 1307 points, down 0.31%. 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 tracks freight rates for dry bulk vessels, climbed to a two-week high on Wednesday, driven primarily by stronger prices for Capesize and Panamax vessels.
The main index tracking freight rates for Capesize, Panamax, and Supramax vessels rose 45 points, or 2.3%, to 2003, the highest level since October 23.
The Capesize index rose 137 points, or 4.7%, to 3,084.
The average daily earnings of Capesize vessels transporting 150,000 tons of cargo, such as iron ore and coal, increased by $1,129 to $25,573.
On Wednesday, iron ore futures in Dalian fell for the fourth consecutive trading day, mainly dragged down by concerns about demand from China, the world's largest consumer, due to continued weakness in the manufacturing sector.
The Panamax index rose 5 points, or 0.3%, to 1,793, ending a seven-day losing streak.
The average daily earnings of Panamax vessels (typically carrying 60,000-70,000 tons of coal or grain) rose by $50 to $16,140.
Among smaller vessels, the Very Large Vessel Index fell by 4 points, or 0.3%, to 1,307.
The Baltic Exchange’s main shipping index, which tracks freight rates for dry bulk vessels, climbed to a two-week high on Wednesday, driven primarily by stronger prices for Capesize and Panamax vessels.
The main index tracking freight rates for Capesize, Panamax, and Supramax vessels rose 45 points, or 2.3%, to 2003, the highest level since October 23.
The Capesize index rose 137 points, or 4.7%, to 3,084.
The average daily earnings of Capesize vessels transporting 150,000 tons of cargo, such as iron ore and coal, increased by $1,129 to $25,573.
On Wednesday, iron ore futures in Dalian fell for the fourth consecutive trading day, mainly dragged down by concerns about demand from China, the world's largest consumer, due to continued weakness in the manufacturing sector.
The Panamax index rose 5 points, or 0.3%, to 1,793, ending a seven-day losing streak.
The average daily earnings of Panamax vessels (typically carrying 60,000-70,000 tons of coal or grain) rose by $50 to $16,140.
Among smaller vessels, the Very Large Vessel Index fell by 4 points, or 0.3%, to 1,307.
- 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.
