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The Baltic Dry Index rose 4.02% to 2,694 points on November 4, 2026, rebounding from a more than two-week low. Capesize rates led the gain, up 7.22% to 4,097, while Panamax rose 1.50% and Supramax fell 0.60%.
Higher Capesize and Panamax rates raise the cost of moving bulk cargoes by sea, which can widen origin-destination freight spreads for grain and oilseeds, though one day's move is a small signal.
Not 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.