The Baltic dry index fell by 3.27% (58 points) d-o-d to 1,718 on 8 Jan’26, driven by a sharp decline in Capesize rates amid softer iron ore and coal demand and increased vessel availability. A slowdown following the year-end holidays and cautious chartering sentiment further weighed on the market.
- Capesize: BCI declined 5.46% (157 points) to 2,721.
- Panamax: BPI rose 1.44% (19 points) to 1,336.
- Supramax: BSI dropped by 1.71% (17 points) to 976.
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