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The Baltic Exchange dry bulk index rose 11 points to 2,501 after hitting its lowest since April 15 the previous session. Capesize and Panamax rates firmed, with Capesize earnings up $90 a day to $28,678.
Iron ore futures climbed on stronger Chinese manufacturing data and lower global shipments.
Firmer Capesize and Panamax rates raise bulk shipping costs for grains and oilseeds on those routes. The move is modest and a rebound from a two-month low rather than a new trend.
bairdmaritime.comReutersJun 30, 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.
