# Baltic Dry Index falls to 2648 down 66 points

> 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.

- Date: 2026-11-02 · published 2026-11-02T21:26:31.532Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76196-baltic-dry-index-falls-to-2648-down-66-points
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- maritimegazette.co.uk: https://maritimegazette.co.uk/article/baltic-dry-index-slips-to-near-one-week-low-17130122
- hellenicshippingnews.com: https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2590-down-58-points/
- hellenicshippingnews.com: https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2648-down-66-points/

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