Tag: baltic index trends

Baltic Dry Index extends d-o-d decline as Capesize weakness weighs on overall freight sentiment

Jul 30, 2026

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by

Nikita Shukla

in Fines/Lumps

Capesize pressure drags overall market lower Panamax recovers marginally on improved grain and coal demand The Baltic Dry Index (BDI) declined 1.2% (32 points) d-o-d to 2,632 on 29 July, extending the recent weakness in the dry bulk market. The decline was primarily driven by continued pressure on the Capesize segment, where softer cargo enquiries…