The Baltic Dry Index fell, and demand for all ship types fell in tandem

The latest data show that on July 28, 2025, the Baltic Dry Index (BDI) closed at 2226 points, setting the lowest level in nearly three days, down 1.37% from the previous day, refreshing the largest one-day decline since July 21, 2025, and falling for the second consecutive trading day. Looking at the recent short-term data, in the last 11 BDI data, there were 8 positive growth, 3 negative growth, and 0 zero growth. Among them, the Panamax Freight Index (BPI) reported 1798 points, down 2.18% from the previous value; the Capesize Freight Index (BCI) reported 3774 points, down 1.44%; the BSI reported 1289 points, down 0.39%. The Baltic Dry Index and the latest 720-day chart, ten-year chart and other detailed charts of the three major sub-items can be seen in the special content of the latest information.

according toGTCforeign exchange marketThe Baltic Exchange's main seaborne index, which measures freight rates for dry bulk ships, fell on Monday, with all ship classes posting losses.

The main index tracking rates for Capesize, Panamax and Handysize ships fell 31 points, or 1.4 percent, to 2,226.

The capesize index fell 55 points, or 1.4 per cent, to 3,774.

BATCA ships, which typically carry 150,000 tonnes of cargo such as iron ore and coal, saw their average daily earnings fall by $460 to $31,296.

Iron ore, the main steelmaking ingredient, also fell on Monday as investors awaited a clear signal from policy meetings in major economies and international trade talks.

The Panamax index fell 40 points, or 2.2%, to 1,798, its lowest level since July 10.

Panamax vessels, which typically carry 60,000 to 70,000 tons of coal or grain, saw their average daily earnings decrease by $360 to $16,180.

Among small vessels, the Handyship Index fell 5 points, or 0.4%, to 1,289.

"We see recent trade deals among major economies as a boon as they remove trade uncertainty and boost volumes," analysts at Jefferies said in a note.

According to reports, major trading partners have reached a framework agreement to reduce the tax rates on some goods from the previously threatened levels, avoiding further escalation of trade frictions.