Baltic Dry Index continues to rise on tight tonnage; geopolitical risk adds support
The Baltic Dry Index surged 2.15% (46 points) to 2,233 on 4 Mar’26 vs 2 Mar, supported by tight vessel supply and firm iron ore and coal demand. Middle East tensions added a bunker and routing-led risk premium.
- Capesize: BCI rose by 2.26% (69 points) to 3,202.
- Panamax: BPI was up 1.8% (35 points) to 2,014.
- Supramax: BSI increased 2.32% (31 points) to 1,392.
