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Baltic Dry Index 1985 - 2022. 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.
Bulk cargo is classified as wet or dry. [2] The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Futures, known as FFA's.
The Baltic Dry Index reflects global shipping prices for dry bulk commodities such as iron ore, coal, cement, and grain. Rates are affected by a combination of demand for these...
Dry bulk density = mass of soil/ volume as a whole. Wet bulk density = mass of soil plus liquids/ volume as a whole. The dry bulk density of a soil is inversely related to the porosity of the same soil: the more pore space in a soil the lower the value for bulk density.
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 economy ...
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 even ...
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