The Baltic Dry Index, compiled by the Baltic Exchange based in London, reflects the prices related to the transportation of goods such as coal, grains, and iron ore. This index is calculated based on a daily survey of representatives from around the world. On September 25, 2026, the Baltic Index dropped by 47 points to 3426 points, marking a significant decline in the movement of this index.
Background and Trends of the Baltic Index Changes
The Baltic Index has experienced many fluctuations throughout its history. It reached its peak on May 20, 2008, with a record of 11793 points. In contrast, the lowest historical level of this index was recorded on February 10, 2016, when it fell to 290 points. These fluctuations are directly influenced by various factors including the demand and supply of goods, global economic changes, and the state of transportation markets.
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Consequences of the Baltic Index Decline
The 47-point drop in the Baltic Index may indicate a decrease in demand for goods transportation, which in turn could lead to economic and trade issues on an international level. These changes could also affect the prices of various goods and particularly impact industries reliant on transportation. Given that many countries depend on the import and export of essential goods, these changes could influence supply chains and pricing.
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