March 17, 2026

Baltic dry index eases amid seasonal slowdown, softer Capesize rates

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The Baltic Dry Index dipped by 0.67% (13 points) d-o-d to 1,923 points on 6 Feb’26. It declined amid weaker Capesize demand, largely driven by softer iron ore cargo volumes and a seasonal slowdown around the Lunar New Year period.

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  • Capesize: BCI dropped by 1.12% (33 points) to 2,918.
  • Panamax: BPI declined by 0.42% (7 points) to 1,652.
  • Supramax: BSI increased by 0.18% (2 points) to 1,104.