On Thursday, the
Baltic Dry index totalled 2,711 points.
Another indicator that is supposed to be a relatively accurate barometer of global trade volume and, in turn, global production, is the
Baltic dry index. It is issued daily by the London-based Baltic exchange and is considered useful in part because it contains no speculative content.
The
Baltic Dry Index (see panel, page 18) is a measure of the cost of shipping these materials.
Yesterday (September 4), the
Baltic Dry Index (BDI), which tracks rates of bulkers in multiple segments, hit 2,518 points, its highest level since November 2010, almost nine years ago.
The
Baltic Dry Index (BDI) - which tracks global dry freight rates - has rebounded by 20 percent over the past week from a seven-month low.
The
Baltic Dry Index, a decades-old measure of shipping costs viewed by some investors as a leading economic indicator, is getting a makeover.
The average
Baltic Dry Index for panamax vessels was 1,154 points during the period from 1 April 2017 to 30 September 2017, representing an increase of about 73% as compared to the corresponding period of 2016.
The
Baltic Dry index, which measures the cost of shipping dry commodities such as coal and steel, dropped to 354 yesterday, from more than 1100 last August.
The
Baltic Dry Index, which refers to rates for bulk cargo such as coal or ore, stood on Friday at 445 points, which is the lowest in a year after falling 6.9 per cent since January 1, according to a Bank of Cyprus document seen by the Cyprus Business Mail.
The
Baltic dry index, compiled from a basket of dry bulk freight rates and which traditionally falls in the run up to the lunar new year holiday in China, has halved in the past month to 1,086 points on February 5.
Sea transporters were the biggest gainer by sector after a rise in the
Baltic Dry Index commodities shipping rate benchmark.