# Baltic dry bulk index drops to lowest in nearly a week

> The Baltic Exchange's main dry bulk index fell 2.4% to 2,648 points on Monday, its lowest since October 27, with weaker rates across all vessel segments. The Capesize index dropped nearly 4% and the Panamax index extended its losing streak to 14 sessions.

- Date: 2026-11-02 · published 2026-11-02T21:10:21.257Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/75876-baltic-dry-bulk-index-drops-to-lowest-in-nearly-a-week
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower freight rates reduce the cost of moving bulk commodities, which can ease landed costs for feed ingredients, though the effect on grain prices is usually small.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- fr.tradingeconomics.com: https://fr.tradingeconomics.com/commodity/baltic/news/597344
- proxy.fx.co: https://proxy.fx.co/cn/forex-news/3267116
- squawknews.com: https://squawknews.com/news/758709-baltic-dry-index-slips-to-near-1-week-low
- bairdmaritime.com: https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/baltic-dry-bulk-index-drops-to-lowest-in-nearly-a-week
- tradingview.com: https://www.tradingview.com/news/te_news:597344:0-baltic-dry-index-slips-to-near-1-week-low/
- worldports.org: https://www.worldports.org/baltic-dry-bulk-index-drops-to-lowest-in-nearly-a-week/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.