Commodity DNA | Baltic dry index

Baltic dry index

By Ibrahim Patel
Sep 05, 2023

THE CAPESIZE INDEX DECLINED AT EARLY MARCH 2023

*The Baltic Exchange’s index posting its second straight weekly decline *Asia witnessed solid cargo volumes ex Australia and North Pacific The Baltic Exchange’s index ....

Baltic dry index

By Ibrahim Patel
Jul 07, 2023

BALTIC DRY INDEX DOWN FOR THE 9TH STRAIGHT SESSION

*BDI has dropped below 1,000 points for the first time in a month *Activity in south Atlantic is still high and capesize freight is now getting competitive Weaker steel mar ....

Baltic dry index

By Ibrahim Patel
Apr 27, 2023

An uptrend likely in dry bulk freight rates in the near term

*Several shipping lines have announced rate increases from May 1st *BDI gained to 1,537 its highest in three weeks The Baltic dry index (BDI) and Shanghai Containerised F ....

Baltic dry index

By Ibrahim Patel
Feb 10, 2023

BDI PLUNGED 83% FROM A HIGH OF 5,650 MARKED IN OCTOBER 2021

*China’s total cargo output was up by 3% yoy in 4Q22 The Baltic Dry Index (BDI) Index plunged over 82% from a high of 5,650, marked in October 2021 to the current value of 5 ....

Baltic dry index

By Ibrahim Patel
Nov 25, 2022

CONTAINER RATES HAS FALLEN BY 72% BALTIC DRY INDEX LOWEST SINCE 4 SEPTEMBER

*40-foot container down $2,591 from November 2021 peak of $10,377 *Spot rates have been on a downward slope across all bulker segments The Baltic Exchange's dry bulk sea fr ....