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On November 9, 2026, the Baltic Dry Index rose 1.75% to 2,854, its highest level since October 9. Capesize and Panamax indices gained 2.65% and 1.70%, respectively, amid demand for iron ore and coal and grain, while the Supramax index fell 0.28%.
Higher Panamax freight rates can raise the cost of moving bulk grains and weigh on delivered prices for importers, though the report does not indicate a grain-specific supply disruption.
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.