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Dry bulk shipping had its best month of 2025 in July, with the Baltic Capesize Index up 43% to 3,021 on recovering Chinese iron ore purchases. China's Q2 GDP grew 5.2%, above consensus, while steel output fell and aluminium output rose.
The Baltic Dry Index July average trailed June.
Stronger dry bulk rates reflect firmer Chinese raw material demand, which raises freight costs for grain shippers even as the broader market stays well supplied.
splash247.comSplashJul 29, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
