The Baltic Exchange Dry Index slid to a fresh multi‑week low on Monday, falling 2.2% to 2,852, sources indicated on 12 October 2026.
The move returned the benchmark to levels not seen since 21 August, according to the report. The decline was driven in part by heavy losses in the largest segment of the market.
The capesize index, which covers very large vessels typically engaged in transporting 150,000‑ton cargoes such as iron ore and coal, tumbled 4.4% to 4,148. That reading was the weakest for capesizes since late July, the source notes.
The report also referred to the panamax index, noting that panamax vessels usually carry cargoes of about 60,000 to 70,000 tonnes, but the summary supplied did not include a figure for that class.
Class performance and absolute levels
The Baltic Dry Index settled at 2,852 after the 2.2% decline recorded on Monday. The capesize class fell to 4,148 after a 4.4% drop, marking the lowest capesize assessment since the end of July, according to reports.
Those two figures are the only class values supplied in the summary provided for verification; the panamax number was not included in the material supplied to this report.
Dates and sourcing
Sources published the item on 12 October 2026 and the account in the supplied notes gives the specific dates used to establish the recent lows: 21 August for the Baltic Exchange Dry Index overall and “late July” for the capesize segment. The summary cites percentage moves alongside the index levels cited above.
The supplied material contains no further market commentary, charter rates, voyage fixtures or regional breakdowns. No additional indices, forward curves or broker assessments were provided in the verified notes used for this article.
The facts available from the supplied source are limited to the index levels and percentage changes cited, together with the description of vessel classes and the dates referenced. reports is identified in the supplied notes as the publisher of the account on 12 October 2026.
Readers seeking further detail on other sectors of the dry bulk complex, daily broker assessments or the panamax index level will need to consult the full report from the original publisher, as those figures were not included in the verification summary supplied for this story.
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