Baltic Dry Index Holds Near 2,500 to Close the Week

18 October 2026 · BalticDryIndex.com

The **Baltic Dry Index (BDI)** closed the week near the 2,500 level, little changed as the dry bulk market settled into a steadier rhythm after recent volatility.

The larger **Capesize** segment continued to take its direction from iron ore flows on the key Brazil–China and West Australia–China routes, where cargo demand has stayed firm enough to keep rates above breakeven for most modern tonnage.

In the mid-size classes, **Panamax** and **Supramax** earnings tracked grain and coal movements out of the Atlantic and Pacific basins, with tonnage supply broadly balanced against available cargoes.

At current levels, the index points to a dry bulk market in reasonable health — not the elevated readings seen at cyclical peaks, but comfortably clear of the lows that strain vessel economics.

For live figures across all five indices, see the BDI homepage, explore the historical chart, or run the numbers on a voyage with our TCE calculator and freight cost estimator.

*Data indicative. Not financial advice.*

Published by BalticDryIndex.com · Not financial advice. Disclaimer