The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, jumped by 4% to 2,694 points on Wednesday, halting a two-day losing streak, supported by the larger vessels. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, also snapped a two-day losing streak, soaring by 7.2% to 4,097 points, likely tracking higher iron ore prices. At the same time, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 1.5% to a near one-week high of 1,894 points, after 15 consecutive sessions of declines. Among smaller vessels, the supramax index fell by 0.6% to its lowest since October 13 at 1,835 points.
Baltic Dry rose to 2,694 Index Points on November 4, 2026, up 4.02% from the previous day. Over the past month, Baltic Dry's price has fallen 12.25%, but it is still 34.50% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008. Baltic Exchange Dry Index - data, forecasts, historical chart - was last updated on November 4 of 2026.
Baltic Dry rose to 2,694 Index Points on November 4, 2026, up 4.02% from the previous day. Over the past month, Baltic Dry's price has fallen 12.25%, but it is still 34.50% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index is expected to trade at 2775.62 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3096.40 in 12 months time.