A chart: The Baltic Index fell for the seventh consecutive day due to the decline in capesize rates
2025-07-04 02:31:08
The latest data shows that the Baltic Dry Index (BDI) reported 1434 points on July 3, 2025, a new low since June 3, 2025, down 0.62% month-on-month (compared with the previous value), and fell for the seventh consecutive day (including 0 growth). According to the comprehensive short-term table, the growth of the last 11 BDI data is: positive growth 1 time, negative growth 10 times, and zero growth 0 times. Among them, the Panamax Freight Index (BPI) reported 1507 points, up 1.01% from the previous value, the Capesize Freight Index (BCI) reported 1894 points, down 3.27%, and the Supramax Index (BSI) reported 1052 points, up 2.04%. For the latest 720-day trend chart and ten-year trend chart of the Baltic Dry Index + three major sub-items, please see the special chart.
The Baltic Exchange's main sea freight index, which monitors freight rates for ships transporting dry bulk commodities, fell for a seventh straight session on Thursday, hurt by falling demand for Capesize vessels.
The main index fell to its lowest point since June 3, falling 9 points, or 0.6%, to 1,434.
The capesize index fell 64 points, or 3.3%, to 1,894, reaching its lowest point since May 28.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $537 to $15,705.
Iron ore futures prices rose to their highest in more than a month.
Meanwhile, the Panamax index rose 15 points, or 1%, to 1,507.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $141 to $13,565.
Among smaller ships, the supramax index climbed to a seven-month high, rising 21 points to 1,052.
The Baltic Exchange's main sea freight index, which monitors freight rates for ships transporting dry bulk commodities, fell for a seventh straight session on Thursday, hurt by falling demand for Capesize vessels.
The main index fell to its lowest point since June 3, falling 9 points, or 0.6%, to 1,434.
The capesize index fell 64 points, or 3.3%, to 1,894, reaching its lowest point since May 28.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $537 to $15,705.
Iron ore futures prices rose to their highest in more than a month.
Meanwhile, the Panamax index rose 15 points, or 1%, to 1,507.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $141 to $13,565.
Among smaller ships, the supramax index climbed to a seven-month high, rising 21 points to 1,052.
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