The Baltic Exchange’s dry bulk freight index rose for a second consecutive session on Thursday, advancing 2.3% to 2,712 points, its strongest level since 13 October, sources indicated on 29 October 2026.

The Baltic Exchange’s dry bulk freight index tracks rates for vessels that carry dry bulk commodities, and is widely used to gauge conditions within the seaborne bulk trades, the report noted.

The 2.3% gain marked a second day of upward movement for the overall measure and returned the index to a level not seen since mid-October. reports supplied the figures and the date of the report as 29 October 2026.

Movement and key figures

The advance to 2,712 points followed a run of lower readings earlier in the month and represented the index’s highest reading since 13 October. The report recorded the increase as a 2.3% rise on Thursday and described it as a second session of gains.

Key facts from the report:

  • Baltic Dry Index level: 2,712 points.
  • Change on Thursday: +2.3%.
  • Highest reading since: 13 October.
  • Report date and source: reports, 29 October 2026.

Capesize sector

Sources also reported that the capesize index advanced for a second successive day. The capesize class typically moves large cargoes of around 150,000 tonnes, most often carrying commodities such as iron ore and coal, the report stated.

The capesize sector’s second day of improvement was recorded alongside the broader index rise, and the source highlighted the class’s role in transporting the largest bulk cargoes by tonnage.

Market participants and watchers frequently follow both the Baltic Dry Index and the capesize sub-index to monitor shifts in freight levels for dry bulk commodities, and the reports item supplied the latest published figures for the indices on 29 October 2026.

The report gave a concise account of the most recent movements in the indices without expanding into detailed analysis of underlying drivers. It established the magnitude of the Thursday increase and the historical reference point of 13 October to frame the significance of the rise.

Taken together, the published figures show a brief reversal of earlier weakness in the index during October, with the Baltic Dry Index moving back above the mid-2,700s. The capesize advance for a second day complements the overall uptick in the dry bulk freight measure as recorded by reports on 29 October 2026.