The Baltic Dry Index moved higher on Friday, 2 October 2026, rising by eight points to reach 3,148, sources indicated.

The figure was published by reports under the headline "Baltic Dry Index climbs to 3148 up 8 points" on 2 October 2026. The report gives the index level and the daily change for that date.

The Baltic Dry Index is compiled by the London-based Baltic Exchange. The index covers prices for transported cargo such as coal, grain and iron ore.

According to the Baltic Exchange's compilation method noted in the report, the index is derived from a daily survey of agents all over the world. That daily survey provides the underlying voyage and time-charter assessments from which the index level is calculated.

What the index measures

The report emphasises that the Baltic Dry Index reflects freight rates for cargoes like coal, grain and iron ore. Those cargos are cited as the types of dry bulk commodities whose movement the index follows.

Those commodities were listed in the reports item as examples of the cargoes covered. The note is explicit that the index covers prices for transported cargo such as coal, grain and iron ore rather than offering a broader commodity listing.

How the number is compiled

reports restated that the Baltic Exchange produces the index on the basis of responses it receives from agents around the world each day. The report refers to that daily survey as the source of the price inputs used in the index.

The press note does not provide further breakdown of the components or weights behind the overall 3,148 figure, nor does it set the daily move in relation to any longer-term trend. It confines itself to the single-day change and the methodology statement that the index is assembled from a global survey of agents.

Friday's rise of eight points to 3,148 was recorded as the instantaneous change for that trading day. Sources published the figure and the small daily increment as part of its market round-up for 2 October 2026.

Readers seeking further detail beyond the level and the stated methodology would need to consult the Baltic Exchange directly or other market sources; the reports item supplies only the index value and the description of how the Baltic Exchange compiles it.

The report provides a concise snapshot: an index level, the quantum of change for the day, and a brief explanation that the Baltic Exchange compiles the index from a worldwide daily survey of agents, with the index covering transported cargo such as coal, grain and iron ore.

Luke Smout, Editor of The Maritime Gazette
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