# Baltic Dry Index Hits Monthly High as Capesize and Panamax Rates Surge

> 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%.

- Date: 2026-11-09 · published 2026-11-10T12:11:17.266Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/91636-baltic-dry-index-hits-monthly-high-as-capesize-and-panamax-rates-surge
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- reportgem.com: https://www.reportgem.com/en/news/18641135.html

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