Seaborne Logistics · CommodityScope Freight Indices
CommodityScope LR2 Freight Index
2,084.95 points
▼ −1.09%
Base: 1,000 on 1 Sep 2026 · CS Series: CS-TFI-LR2 · Updated 30 October 2026
Constituents
Each constituent is a separately maintained CommodityScope USD/mt freight assessment (CS-TFR). Absolute freight assessments remain on the route pages. The index uses the percentage change of each published assessment, not its absolute USD/mt level.
| CommodityScope Series | Trade lane | Basis | Weight |
|---|---|---|---|
| CS-TFR-CLN-AG-JPN-LR2-75 | Arabian Gulf → Japan | LR2 75kt | 25% |
| CS-TFR-CLN-AG-SIN-LR2-80 | Arabian Gulf → Singapore | LR2 80kt | 25% |
| CS-TFR-CLN-AG-UKC-LR2-90 | Arabian Gulf → UK Continent | LR2 90kt | 25% |
| CS-TFR-CLN-MED-JPN-LR2-80 | Mediterranean → Japan | LR2 80kt | 25% |
History
Daily index values in points from the published base of 1,000 on 1 Sep 2026. That base date is fixed for this series. 1D change is the percentage move versus the previous published index value.
| Date | Index (points) | 1D Change |
|---|---|---|
| 30 Oct 2026 | 2,084.95 | −1.09% |
| 29 Oct 2026 | 2,107.86 | −2.07% |
| 28 Oct 2026 | 2,152.43 | −1.39% |
| 27 Oct 2026 | 2,182.74 | 0.00% |
| 26 Oct 2026 | 2,182.74 | −0.52% |
| 23 Oct 2026 | 2,194.15 | −1.00% |
| 22 Oct 2026 | 2,216.31 | +0.77% |
| 21 Oct 2026 | 2,199.37 | +1.23% |
| 20 Oct 2026 | 2,172.67 | −0.93% |
| 19 Oct 2026 | 2,193.11 | −3.27% |
| 16 Oct 2026 | 2,267.25 | −2.24% |
| 15 Oct 2026 | 2,319.27 | +1.56% |
| 14 Oct 2026 | 2,283.59 | +3.32% |
| 13 Oct 2026 | 2,210.31 | 0.00% |
| 12 Oct 2026 | 2,011.68 | 0.00% |
| 9 Oct 2026 | 2,011.68 | +13.02% |
| 8 Oct 2026 | 1,780.00 | +5.28% |
| 7 Oct 2026 | 1,690.72 | +0.73% |
| 6 Oct 2026 | 1,678.50 | −0.95% |
| 5 Oct 2026 | 1,694.52 | 0.00% |
| 2 Oct 2026 | 1,694.52 | −0.36% |
| 1 Oct 2026 | 1,700.72 | +0.53% |
| 30 Sep 2026 | 1,691.69 | +5.80% |
| 29 Sep 2026 | 1,598.92 | +0.09% |
| 28 Sep 2026 | 1,597.49 | +0.63% |
| 25 Sep 2026 | 1,587.56 | +0.64% |
| 24 Sep 2026 | 1,577.45 | +4.51% |
| 23 Sep 2026 | 1,509.40 | +5.21% |
| 22 Sep 2026 | 1,434.68 | +1.19% |
| 21 Sep 2026 | 1,417.87 | 0.00% |
| 18 Sep 2026 | 1,417.87 | +1.81% |
| 17 Sep 2026 | 1,392.69 | +3.02% |
| 16 Sep 2026 | 1,351.93 | +3.62% |
| 15 Sep 2026 | 1,304.70 | +4.31% |
| 14 Sep 2026 | 1,250.73 | +1.84% |
| 11 Sep 2026 | 1,228.11 | +1.50% |
| 10 Sep 2026 | 1,209.94 | +0.90% |
| 9 Sep 2026 | 1,199.18 | 0.00% |
| 8 Sep 2026 | 1,199.18 | +16.56% |
| 7 Sep 2026 | 1,028.81 | +2.82% |
| 4 Sep 2026 | 1,000.55 | 0.00% |
| 3 Sep 2026 | 1,000.55 | −0.82% |
| 2 Sep 2026 | 1,008.85 | +0.89% |
| 1 Sep 2026 | 1,000.00 | — |
Daily Change
The LR2 Freight Index fell 1.09% to 2,084.95 points on 30 October 2026, from 2,107.86 points at the previous assessment.
Monthly Statistics
| Month | Average | Low | High | Observations |
|---|---|---|---|---|
| October 2026 · month to date | 2,046.78 | 1,678.50 | 2,319.27 | 22 |
| September 2026 | 1,318.55 | 1,000.00 | 1,691.69 | 22 |
The latest value is 58.1% above the September 2026 average of 1,318.55 points.
Highest and lowest published index values over the available history since the series base date. Highest: 2,319.27 on 15 Oct 2026. Lowest: 1,000.00 on 1 Sep 2026.
Constituent Performance
Index-date return of each constituent used in the latest index calculation. A constituent carried forward under the staleness rule is shown as 0.00% for that index date.
| Route | Weight | Index-date return | Contribution | Assessment date |
|---|---|---|---|---|
| Arabian Gulf → JapanLR2 75kt | 25% | 0.00% | 0.00 pp | 30 Oct 2026 |
| Arabian Gulf → SingaporeLR2 80kt | 25% | 0.00% | 0.00 pp | 30 Oct 2026 |
| Arabian Gulf → UK ContinentLR2 90kt | 25% | 0.00% | 0.00 pp | 30 Oct 2026 |
| Mediterranean → JapanLR2 80kt | 25% | −4.35% | −1.09 pp | 30 Oct 2026 |
Methodology
- Base value
- 1,000
- Base date
- 1 September 2026
- Calculation frequency
- Daily on scheduled assessment days
- Underlying data
- Published CS-TFR assessments
- Calculation
- Chain-linked weighted changes in constituent assessments
- Weights
- Fixed constituent weights published above
- Constituent review
- Quarterly
- Weight review
- Semi-annual
- CS Series
- CS-TFI-LR2
Other CommodityScope Tanker Freight Indices
- Clean Tanker Freight Index2,168.64−0.86% · 30 Oct 2026
- Dirty Tanker Freight Index2,969.94+0.01% · 30 Oct 2026
- MR Freight Index2,435.85−1.50% · 30 Oct 2026
- LR1 Freight Index1,948.770.00% · 30 Oct 2026
- Aframax Freight Index2,717.84−0.74% · 30 Oct 2026
- Suezmax Freight Index3,346.99−0.81% · 30 Oct 2026
- VLCC Freight Index2,650.01+1.59% · 30 Oct 2026
CommodityScope Tanker Freight Indices are calculated from defined baskets of CommodityScope tanker freight assessment series. Index values are expressed in points and are not direct freight quotations, TCE earnings estimates or contractual settlement benchmarks. See the CommodityScope Methodology Library.