The Baltic Exchange’s dry bulk freight index ended a three-day losing run on Wednesday, with the benchmark measure advancing to 2,652 points.

The exchange’s dry bulk freight gauge rose by about 1.9% to 2,652 points, halting a short decline, while the capesize index, which carries the largest bulk cargoes, jumped roughly 5% to a two-week high of 3,886 points, reversing three consecutive losses. Sources indicated the movements on 29 October 2026.

Index movements and scale

The Baltic Dry Index movement recorded on Wednesday represents a modest rebound in headline dry bulk freight rates, with the 1.9% rise restoring the index level to 2,652 points. The capesize sector led the improvement, the segment posting an approximately 5% uptick that took its reading to 3,886 points and to its highest level in two weeks.

Capesize vessels typically carry very large cargoes, normally around 150,000 tonnes, and are commonly used for bulk cargoes such as iron ore and coal, a fact noted alongside the index figures in the report. The capesize surge therefore reflects gains within that largest vessel category and delivered a clear reversal to a short string of previous declines.

Key figures at a glance

  • Baltic Dry Index: up about 1.9% to 2,652 points.
  • Capesize index: up roughly 5% to 3,886 points, a two-week high.
  • The capesize vessel class typically transports 150,000-ton cargoes, including iron ore and coal.

The reported moves were recorded for Wednesday and were presented by reports in its item dated 29 October 2026. The bulletin highlighted the end of a three-day losing streak in the broader index and the capesize segment’s reversal of three consecutive losses.

Taken together, the figures provide a concise snapshot of the dry bulk freight market on the day in question, with the larger capesize ships registering the most pronounced improvement in rates. The exchanges’ published readings will stand as the official daily markers used by market participants tracking dry bulk freight costs.

reports supplied the summary figures and the characterisation of the capesize role in bulk trade in its 29 October 2026 report. The figures reported for Wednesday are the basis for the market snapshot above and will be reflected in the Baltic Exchange’s published indices for that day.