Wednesday, January 16, 2008

Baltic Dry Index

The Baltic Exchange Dry Index (BDI), which is a daily index made up of 22 key dry bulk routes recorded by the Baltic Exchange in London has taken quite a fall the last two weeks. It is still way above the last peak so it remains to be seen if it has bottomed here.

Dry Bulk shipments are considered by some to be a good indicator of economic activity.

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