Baltic dry index slips as Capesize weakness offsets gains in Panamax and Supramax

The Baltic Dry Index fell d-o-d by 0.7% (14 points) to 2,002 points on 29 Jan’26. It fell as weaker Capesize rates, driven by softer iron ore and coal demand and higher vessel availability, outweighed gains in Panamax and Supramax segments, which were supported by steady bulk cargo demand.

• Capesize: BCI dropped 2.4% (78 points) to 3,131.
• Panamax: BPI rose 2.1% (35 points) to 1,716.
• Supramax: BSI increased 1.3% (14 points) to 1,062.