Baltic Dry Index fell 120 points to 1450 as Atlantic capesize and panamax rates declined 5-7% due to excess tonnage and soft coal/grain demand.
Baltic Exchange reported on April 5, 2026, that the BDI dropped 120 points to 1450, with C5 transatlantic capesize rates at $12,500/day, down $800 week-on-week. TradeWinds and Lloyd's List confirm the slide in Atlantic rates for capesizes and panamaxes due to vessel oversupply post-peak season. Seatrade notes stable iron ore volumes from Brazil but no uptick in demand.
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