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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.
current: 04:54, 18 September 2022: 5,628 × 1,348 (121 KB) Wikideas1: ... The following 2 pages use this file: 2000s commodities boom; Baltic Dry Index; Global file ...
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. Because of the 2008 recession the index dropped to 715 points ...
Investors perplexed by the market's anxiety over slower global economic growth should look no farther than the Baltic Dry Index, a closely watched measure of worldwide industrial demand. The index ...
The Baltic Dry Index, a closely watched measure of global demand, has been in sharp decline since peaking less than a month ago, casting doubt on the global economic recovery from the Great Recession.
Baltic Dry Index chart Its international community of 650 member companies encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic Exchange: [ 2 ] its members are responsible for a large proportion of all dry cargo and tanker fixtures as well as the sale and purchase of merchant vessels.
The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The Baltic Dry Index (BDI), a shipping freight-cost index which reflects the demand for shipping capacity versus the supply of dry bulk carriers, is generally seen as a leading indicator of economic activity, because changes in the index reflect global supply and demand for commodities and raw materials used in manufacturing. A falling BDI can ...