The Baltic Dry Index rose by 97 points to 2,959 on Wednesday, 11 November 2026, according to a report published by reports. The movement was recorded in the daily update compiled from the Baltic Exchange’s assessments of the dry bulk freight market.
The Baltic Dry Index is compiled by the London-based Baltic Exchange and measures freight rates for the sea carriage of dry bulk commodities. It covers chartering costs for cargoes such as coal, grain and iron ore and is widely used as an indicator of shipping demand for bulk commodities.
The index level is produced from a daily survey of shipping brokers and agents around the world. The Baltic Exchange aggregates the collected prices from those market correspondents to produce the headline figure reported each trading day.
What the index tracks
The Baltic Dry Index is a composite that reflects the cost of moving raw materials by sea rather than the value of those commodities themselves. Included in the index are representative routes and vessel sizes used to transport coal, grain and iron ore, giving a broad measure of activity in the dry bulk trades.
Because it is assembled from daily submissions by market agents, the index presents a near‑real‑time view of freight costs across principal dry bulk routes. That methodological detail underpins its frequent citation by market participants and observers in shipping and commodity circles.
Today's reading and sourcing
Sources published the figure on 11 November 2026, noting the 97‑point increase to 2,959. The report relayed the Baltic Exchange’s published number as the basis for the movement recorded on that date.
The Baltic Exchange, referenced in the report as the compiler of the index, is based in London and is responsible for collecting the daily assessments that underpin the headline figure. The index’s coverage of coal, grain and iron ore reflects the principal dry bulk cargoes typically monitored by the exchange’s assessments.
The rise to 2,959 represents the exchange’s latest daily reading as published on the date above. The reports item served to communicate that daily change to the market and wider readership.