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The Baltic Dry Index, which tracks bulk shipping rates for coal, grain and iron ore, fell by 66 points to 2648 on November 2, 2026. The index is compiled daily by the Baltic Exchange from agent surveys worldwide.
Lower dry bulk freight rates reduce the cost of shipping grain and feed ingredients, slightly easing landed costs for importers, though the move is a routine daily change with no new driver identified.
maritimegazette.co.ukLuke SmoutNov 3, 2026
hellenicshippingnews.comNov 3, 2026hellenicshippingnews.comNov 2, 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.
