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The Baltic Dry Index rose for a fourth straight session on January 21, climbing 4.3% to 1,803 points, its highest since January 6. Capesize and Panamax indices also gained, with the Panamax rising to its highest since mid-December.
Rising dry bulk indices signal stronger demand for ocean shipping, which lifts freight costs for grain and oilseed exporters and narrows origin margins.
tradingeconomics.comLuisa CarvalhoJan 21, 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.
