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The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize , Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
The Freightos Baltic Index (FBX) (also sometimes known as the Freightos Baltic Daily Index or Freightos Baltic Global Container Index) is a daily freight container index issued by the Baltic Exchange and Freightos.
Baltic Dry Index 1985 - 2022. The Baltic Dry Index is a measure of the cost of shipping dry bulk goods around the world. It increased during the mid 2000s because of global demand for manufactured goods initially and in 2008 the price of oil drove the index higher to an all time high of 11,440 points in May 2008.
The Baltic Dry Index reflects global shipping prices for dry bulk commodities such as iron ore, coal, cement, and grain.
I'll venture a guess and say that not many people spend their days sitting around thinking about the Baltic Dry Index (BDI). In fact, I'm sure that the average person on planet earth hasn't...
The Baltic Dry Index is now down 48% since the start of the new year. While a rate drop-off in the new year is typical because the Chinese New Year decreases demand in the world's largest...
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