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Baltic Exchange Dry Index - Twin peaks?

Posted on August 01, 2008

Baltic Exchange Dry Index - what s that? Per Wikipedia,The Baltic Dry Index is an index covering dry bulk shipping rates and managed by the Baltic Exchange in London. According to Baltic Exchange, the index provides: an assessment of the price of moving the major raw materials by sea. Taking in 26 shipping routes measured on a timecharter and voyage basis, the index covers Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.Let s have Dan Gross (Slate) expain Why you should care about the Baltic Dry IndexThe BDI is a ...

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