Baltic Dry Index Falls for Second Consecutive Month as Large Vessels Under Pressure

English summary

On October 30, 2026, the Baltic Dry Index (BDI) closed at 2,714 points, up 0.07% and hitting a high since Oct 13, but down over 12% cumulatively in October. The Panamax index fell 1.67% to 1,889 points, a multi-month low, while Capesize rose 0.88% and Supramax dipped 0.27%. The market shows structural divergence with large vessels under pressure due to weak iron ore and coal demand.