March 16, 2026

Baltic dry index slips on weak Capesize and Supramax demand

Untitled design - 2026-01-06T122830.060

The Baltic dry index declined by 1.65% to 1,851 on 5 Jan’26 against 2 Jan. It declined due to weaker Capesize and Supramax performances, as softer iron ore, coal, and minor bulk cargo demand, combined with adequate vessel supply and limited post-holiday activity, weighed on freight rates.

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  • Capesize: BCI dropped 1.9% (59 points) to 3,049.
  • Panamax: BPI increased by 0.9% (11 points) to 1,293.
  • Supramax: BSI fell by 3.07% (33 points) to 1,043.