Baltic Dry Index dips d-o-d amid weakness in larger vessels

• BCI, BPI fall amid muted vessel demand
  
  
• Supramax index rises on fresh enquiries
  
  

The Baltic Exchange's Dry Bulk Index (BDI) declined by 0.53% (17 points) d-o-d to 3,205 points on 2 June 2026, indicating a softer overall dry bulk market as weaker performance in the Capesize and Panamax segments outweighed gains in Supramax.

Segment-wise trends

• Capesize: The Capesize index dropped by 0.67% (37 points) to 5,459 points, indicating weaker momentum. Capesize freight sentiment remained cautious amid softer iron ore activity and limited fixtures, while ongoing Middle East tensions continued to create uncertainty in trade flows.
  
  
• Panamax: The Panamax index decreased by 0.98% (23 points) to 2,321 points amid limited grain and coal cargo demand, coupled with ample vessel availability across the Atlantic and Pacific basins. Trade policy uncertainties limit market momentum.
  
  
• Supramax: The Supramax index rose by 0.45% (7 points) to 1,577 points as sentiment improved slightly on steady minor bulk demand, though geopolitical risks and shipping route disruptions continued to influence market dynamics. Firmer activity in select Asian and Indian Ocean trades also supported spot rates.
  
  

Outlook

The Baltic dry bulk indices may remain under pressure in the near term as weak vessel demand, limited cargo enquiries, and ongoing geopolitical uncertainties continue to weigh on market sentiment and freights.