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The Baltic Panamax index fell about 2% to 2,109 points on October 23, its lowest since August 24. The broader Baltic Dry Index ended the week about 5.9% higher despite a daily dip.
Lower Panamax rates ease freight costs for grain and coal importers, but the wider dry bulk market remains firm, so the signal for ocean grain freight is mixed.
maritimegateway.comMaritime GatewayOct 26, 2026Not 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.
