The Baltic Dry Index…..Heading In The Wrong Direction

Posted By on December 20, 2010

The Baltic Dry Index (BDI) is a number issued daily by the London-based Baltic Exchange. It tracks worldwide international shipping prices of various dry bulk cargoes and provides “an assessment of the price of moving major raw materials by sea through 26 shipping routes measured on a timecharter and voyage basis”.  So now you know!

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