The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry commodities, extended its rally to a ninth sucessive day on Monday, rising about 3.6% to its highest since November 18 at 1,691 points, buoyed by strong demand for larger vessels. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, surged about 5.9% to a near seven-month high of 3,010 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, advanced for the fifth session, up 1.5% to a more than two-week high of 1,264 points. Conversely, the supramax index eased seven points to its lowest since March 13 at 926 points.
Baltic Dry rose to 1,691 Index Points on June 9, 2025, up 3.55% from the previous day. Over the past month, Baltic Dry's price has risen 29.68%, but it is still 10.20% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008. Baltic Exchange Dry Index - data, forecasts, historical chart - was last updated on June 9 of 2025.
Baltic Dry rose to 1,691 Index Points on June 9, 2025, up 3.55% from the previous day. Over the past month, Baltic Dry's price has risen 29.68%, but it is still 10.20% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index is expected to trade at 1571.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1400.95 in 12 months time.