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The Baltic Dry Index fell from 761 to 735 during the week ending 31 January 2025. Capesize BCI 5TC declined from US$7,946 to US$6,977 before a partial recovery, and Panamax activity was curtailed by Asian holidays.
Rates softened on thin cargo lists in the Pacific and North Atlantic.
Softer dry bulk rates lower freight costs for grain and feed ingredient shipments, though the weakness reflects temporary holiday-driven demand and not a new supply shock.
thedcn.com.auDaily Cargo NewsJan 30, 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.
