Baltic Dry Index (BADI)

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shilpa mary Aug 26, 2016 12:29PM GMT

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Baltic Dry Index is a measure of how much it costs to ship raw materials like iron ore, steel, cement, and so on. ..Investors follow BDI as it is a leading indicator that provides a clear view into the global demand for commodities and raw materials. As the BDI increases, the cost of raw materials also get increased. When the index values increases, the shipowners win and the consumer lose. When the index value decreases, consumer wins and the shipowners lose. The BDI takes into account 23 shipping routes measured on a time charter basis...From BdiIndex.com, You can get the exact baltic dry bulk shipping index values on month and year basis.

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Smcommodity Jan 01, 2017 3:30AM GMT

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Yes true. It is best indicator for check Fundamental and true health of world economy

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Thammasak Sumettikul Jul 21, 2016 11:17PM GMT

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How to update this is since 19/7.

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Theodoridis Thomas Nov 04, 2015 12:06PM GMT

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ok finally near 700

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