A chart: Baltic index falls for third week in a row as capesize demand falls
2025-07-04 22:57:30
The latest data shows that the Baltic Dry Index (BDI) reported 1436 points on July 4, 2025, up 0.14% from the previous month, the largest increase since June 25, 2025. According to the comprehensive short-term table, the growth of the last 11 BDI data is: positive growth 2 times, negative growth 9 times, and zero growth 0 times. Among them, the Panamax Index (BPI) reported 1520 points, up 0.86% from the previous value, the Capesize Index (BCI) reported 1855 points, down 2.06%, and the Supramax Index (BSI) reported 1081 points, up 2.76%. 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 rates for ships transporting dry bulk commodities, edged up on Friday but headed for its third straight weekly decline amid weak capesize rates.
The main index rose 2 points, or 0.1%, to 1,436, snapping a seven-day losing streak. However, the index fell 5.6% for the week, its third weekly loss.
The Capesize Index fell 39 points, or more than 2%, to 1,855 points, extending its decline since June 17. The index fell 16.4% this week.
Average daily earnings for capesize vessels, which typically transport 150,000 tonnes of cargoes such as iron ore and coal, fell $323 to $15,382.
Iron ore futures prices extended their rally, rising for a second straight week.
The panamax index rose 13 points, or 0.9%, to 1,520, its highest level since September 2024. It ended the week up 1.1%.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, rose $118 to $13,683.
Among smaller vessels, the supramax index rose 29 points, or 2.8%, to 1,081, marking its fourth straight week of gains.
The Baltic Exchange's main sea freight index, which monitors rates for ships transporting dry bulk commodities, edged up on Friday but headed for its third straight weekly decline amid weak capesize rates.
The main index rose 2 points, or 0.1%, to 1,436, snapping a seven-day losing streak. However, the index fell 5.6% for the week, its third weekly loss.
The Capesize Index fell 39 points, or more than 2%, to 1,855 points, extending its decline since June 17. The index fell 16.4% this week.
Average daily earnings for capesize vessels, which typically transport 150,000 tonnes of cargoes such as iron ore and coal, fell $323 to $15,382.
Iron ore futures prices extended their rally, rising for a second straight week.
The panamax index rose 13 points, or 0.9%, to 1,520, its highest level since September 2024. It ended the week up 1.1%.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, rose $118 to $13,683.
Among smaller vessels, the supramax index rose 29 points, or 2.8%, to 1,081, marking its fourth straight week of gains.
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