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The Baltic Dry Index advanced 49 points, or 1.8%, to 2,854, its highest level since October 9, as Capesize and Panamax rates increased. Capesize rates rose 2.7% to 4,459, Panamax rates gained 1.7% to 2,037, while Supramax fell 0.3% to 1,810.
Higher Panamax freight rates can increase shipping costs for grain cargoes and raise delivered costs for buyers; the overall freight move was modest, with Supramax rates lower.
skai.grNewsroomNov 9, 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.
