# Baltic Dry Index crosses 3,000-mark as Capesize freight rates hit October high

> The Baltic Dry Index rose 2.1% to 3,020 points, its highest since October 5, extending a seventh straight session of gains. Capesize, Panamax and Supramax freight rates all increased, with the Capesize index up 2.9% to 4,836 points. The article links the move to shipping costs for bauxite, alumina and other industrial raw materials.

- Date: 2026-11-15 · published 2026-11-15T09:12:24.846Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/101039-baltic-dry-index-crosses-3-000-mark-as-capesize-freight-rates-hit-october-high
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher dry bulk freight rates raise the cost of moving grains and oilseeds by sea, which can narrow the export margin for origin supplies and support delivered feed prices. The effect on grain prices is modest, since the index mainly reflects industrial bulk cargoes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- alcircle.com: https://www.alcircle.com/news/baltic-dry-index-crosses-3-000-mark-as-capesize-freight-rates-hit-october-high-121960

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.