Baltic index dips as Capesize rates soften, smaller segments lend support

The Baltic Exchange’s dry bulk index slipped 20 points to 2,084 on 10 Nov’25 from 7 Nov amid falling Capesize rates, likely due to softer iron ore and coal cargo volumes or an oversupply of vessels. Panamax and Supramax rates increased amid steady grain and minor bulk trade.

• Capesize: The BCI dropped 78 points to 3,263.
• Panamax: The BPI rose 12 points to 1,845.
• Supramax: The BSI increased 8 points to 1,327.