# Baltic index sinks to lowest level in weeks as every segment tumbles

> The Baltic Exchange's main sea freight index fell 2.19% to 2,590 points on Tuesday, its lowest since October 19, as rates weakened across all vessel segments. The Capesize index dropped 3.58% to 3,821 points and the Panamax index extended its losing streak to 15 sessions.

- Date: 2026-11-03 · published 2026-11-03T18:38:13.816Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/78302-baltic-index-sinks-to-lowest-level-in-weeks-as-every-segment-tumbles
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower dry bulk freight rates reduce the cost of shipping grains and oilseeds, which can ease landed costs for feed importers, though the move mainly reflects weak iron ore demand in China rather than agricultural flows.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- bairdmaritime.com: https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/baltic-dry-bulk-index-sinks-to-lowest-level-in-weeks-as-every-segment-tumbles
- worldports.org: https://www.worldports.org/baltic-dry-bulk-index-sinks-to-lowest-level-in-weeks-as-every-segment-tumbles/

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