Baltic dry index rises on strong Capesize momentum, pre-winter stocking support

The Baltic Exchange’s dry bulk index increased 48 points d-o-d to 2,125 on 14 Nov’25 amid firmer iron ore fixtures and Chinese mills’ pre-winter restocking. Improved Pacific activity and tighter vessel availability supported rates, while Panamax remained stable and Supramax inched up on steady grains and coal demand.

• Capesize: The BCI gained 119 points to 3,252.
• Panamax: The BPI was unchanged at 1,897.
• Supramax: The BSI rose 21 points to 1,408.