DRY BULK MARKET · DAILY REPORT · 2026-09-30

干散货市场日报Dry Bulk Market Daily

Name: 干散货市场日报 2026-09-30
Creator: NAVGreen

Baltic Exchange Daily Briefing — 2026-09-30

BDI ↓2.0%

2026-09-30 BDI 3113（-2.0%）；BCI 4928、BPI 2384、BSI 1797、BHSI 1012。下方为各船型 TCE、主要航线运费、5 日走势与市场解读。On 2026-09-30, the Baltic Dry Index closed with BDI at 3113 (-2.0%). By segment: Capesize (BCI) at 4928 (-3.4%), Panamax (BPI) at 2384 (-0.3%), Supramax (BSI) at 1797 (+0.0%), Handysize (BHSI) at 1012 (-0.1%). Daily route rates (TCE and spot) and the week-over-week trend are tabulated below, followed by the market commentary and per-shiptype outlook.

市场指数概览Market Indices

BDI 综合BDI Composite

3113

-2.0% (-65.0)

BCI 海岬型BCI Capesize

4928

-3.4% (-175.0)

BPI 巴拿马型BPI Panamax

2384

-0.3% (-6.0)

BSI 灵便型BSI Supramax

1797

+0.0% (+0.0)

BHSI 小灵便BHSI Handysize

1012

-0.1% (-1.0)

期租 TCE ($/天)Time-Charter TCE ($/day)

航线Route	运费Rate	涨跌Chg
5TC 平均 (Cape综合) 海岬型综合期租	$44,694/天	-3.4%
C8 跨大西洋往返鹿特丹/直布罗陀 round	$57,531/天	-3.4%
C9 大陆→远东单程至中国/日本	$86,344/天	-1.0%
C10 太平洋往返中国/日本 round	$34,364/天	-3.7%
C14 中国→巴西往返 China-Brazil round	$44,023/天	-3.8%
C16 远东→大陆回程 backhaul	$17,907/天	-11.2%
P5TC Panamax综合巴拿马型综合期租	$21,458/天	-0.2%
P4TC Panamax综合	$21,458/天	-0.2%
P5 航线 (82K)	$19,294/天	+0.0%
S3TC 63K综合灵便型综合期租	$21,213/天	n/a
S10TC Supramax综合	$22,714/天	+0.0%
S2 航线	$21,381/天	+0.4%
S8 航线	$25,593/天	+0.3%
S10 航线	$16,588/天	-0.1%
HS7TC Handysize综合小灵便型综合期租	$18,210/天	-0.1%

现货运价 ($/吨)Spot ($/t)

航线Route	运价Rate	涨跌Chg
C2 图巴朗→鹿特丹铁矿石大西洋线	$18.0/吨	-3.7%
C3 图巴朗→青岛铁矿石巴西→中国	$38.7/吨	-2.6%
C5 西澳→青岛铁矿石太平洋线	$13.4/吨	-2.0%
C7 玻利瓦尔→鹿特丹煤炭航线	$23.3/吨	-2.7%
C17 萨尔达尼亚→青岛铁矿石南非→中国	$29.2/吨	-2.2%

近 5 日走势5-Day Trend

日期Date	BDI	BCI	BPI
2026-09-30	3113	4928	2384
2026-09-29	3178	5103	2390
2026-09-28	3268	5351	2402
2026-09-25	3426	5784	2407
2026-09-24	3473	5939	2382

周环比Week-over-Week

指数Index	5 日变化5-day
BDI	-10.4%
BCI	-17.0%
BPI	+0.1%
BSI	+0.8%
BHSI	+0.9%

今日市场驱动因素Market Drivers

利空 · CapesizeC2 图巴朗→鹿特丹今日 -3.7%，海岬型市场走弱（BCI -3.4%，收于 4928 点）。大西洋与太平洋航线走势较为一致（C3 -2.6%，C5 -2.0%）。 BCI 近 5 日累计 -17.0%，短期弱势持续。

分歧 · 大小船分化小船强、大船弱——船型走势出现分化。Capesize -3.4%，Supramax +0.0% / Handysize -0.1%。次要散货需求回暖带动小型船运费上行，大宗货物需求相对平稳。

利空 · PanamaxBPI 今日 -0.3%，近 5 日 +0.1%。2026 年新船交付压力显著高于往年（约 1,500–1,600 万 DWT，较往年翻近 50%），供给端持续偏松；需求侧重点关注煤炭与粮食贸易量变化，以及太平洋地区租家询盘动向。

市场资讯US dry bulk shipments to China jump 104% as trade relations improve。“During the first three quarters of 2026, US dry bulk shipments to China have grown 104% y/y, driven by a 176% y/y increase in the shipment of grains. Volumes between the two countries weakened

市场资讯Baltic Dry index at Over 1-Month Low。The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, retreated for a fourth straight session on Wednesday, slumping about 2.1% to its lowest since

Market DriversCapesize (BCI) -3.4%, Panamax (BPI) -0.3%. Smaller sizes Supramax +0.0% / Handysize -0.1%. Movements are driven by iron-ore and coal tonne-mile demand against vessel supply, port congestion and bunker costs; see the per-shiptype outlook below.

分船型市场观点By Shiptype

BCI 今日 -3.4%，近 5 日 -17.0%。关注中国铁矿石到港量及钢厂开工率变化。

BPI 今日 -0.3%，近 5 日 +0.1%。2026 年新船交付压力显著高于往年，供给端偏松；关注煤炭和粮食贸易量变化。

BSI +0.0%，BHSI -0.1%。次要散货需求受贸易政策不确定性压制，转机在于 Q2 南半球粮食出口旺季启动。

CAPESIZE

4928.0 (-3.4%)

Daily change -3.4%; assess fixtures against the forward curve.

PANAMAX

2384.0 (-0.3%)

Daily change -0.3%; assess fixtures against the forward curve.

SUPRAMAX / HANDYSIZE

1797.0 (+0.0%)

Daily change +0.0%; assess fixtures against the forward curve.

船用燃油 · Bunker Fuel (USD/t)

品种	均价
IFO380	$744.9
VLSFO	$919.7
MGO	$None