Baltic index jumps as Capesize rates surge to 2-year high
The Baltic Exchange's dry bulk index increased by 92 pointsd-o-d to 2,401 on 26 Nov'25, driven by a sharp Capesize rally amid firm iron ore demand and tight vessel supply. Steady Panamax and Supramax gains supported overall market sentiment.
- Capesize: The BCI rose 268 points to a 2-year high of 3,998.
- Panamax: The BPI climbed up by 8 points to 1,965.
- Supramax: The BSI inched up by 4 points to 1,435.