The index, tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities. The Baltic Dry Index is not restricted to Baltic Sea countries or to a few commodities like crude oil. Instead, the Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities. The Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1,100 points in comparison with the beginning of December last year. Jan 27 (Reuters) - The Baltic Exchange's main sea freight index fell to its lowest level since April 2016, dragged down by lower vessels rates across categories. * The Baltic index , which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 11 points, or 2.0%, to 546 — its lowest in over 3 years. Baltic Dry Index climbs to 418, up 7 points in Dry Bulk Market 11/02/2020 Today, Tuesday, February 11 2020, the Baltic Dry Index climbed by 7 points, reaching 418 points. The Baltic Exchange's main sea freight index edged up from a near four-year low on Tuesday, while the larger capesize segment remained in negative territory, as the coronavirus outbreak in China 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 We think the Baltic Dry Index, based on time-charter rate average for various vessel sizes, could jump by 15%-20% in 2020, after remaining fairly flat in 2019 when supply growth has outpaced
11 Feb 2020 On 10 February 2020, the Baltic Dry Index fell to 411 points, down 4 points (-0.96 %) versus the level of February 7. BDI is a number issued daily by the London- based Baltic Exchange. Not restricted to News for a day News
27 Mar 2019 Baltic Exchange could face fallout in wake of IMO 2020 index decision. The question ahead is whether FFA trading News. Greg Miller Index performance for BDI Baltic Exchange Dry Index (BDIY) including value, chart, profile & other market data. news and insight around the world. 2020. India Stocks Extend Fall as Virus * The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 11 points, or 2.2%, to 487 its lowest level since April 2016. The index, tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities. The Baltic Dry Index is not restricted to Baltic Sea countries or to a few commodities like crude oil. Instead, the Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities. The Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1,100 points in comparison with the beginning of December last year. Jan 27 (Reuters) - The Baltic Exchange's main sea freight index fell to its lowest level since April 2016, dragged down by lower vessels rates across categories. * The Baltic index , which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 11 points, or 2.0%, to 546 — its lowest in over 3 years.
Shipping companies shares rise after Baltic Dry Index hits 2-year high 28 Mar, 2017, 02:14PM IST The Baltic Dry Index is compiled by the Baltic Exchange based in London. It covers the prices for transported cargo such as coal, grain and iron ore.
4 Feb 2020 On 3 February 2020, the Baltic Dry Index fell to 466 points, down 21 points (-4.31 %) versus the level of January 31. BDI is a number issued daily by the London- based Baltic Exchange. Not restricted News for a day News 11 Feb 2020 On 10 February 2020, the Baltic Dry Index fell to 411 points, down 4 points (-0.96 %) versus the level of February 7. BDI is a number issued daily by the London- based Baltic Exchange. Not restricted to News for a day News Global slowdown? Baltic Dry Index is down 78% from September highs. NEWS | Jan 28, 01:20 GMT | By Omkar Godbole · Share on Twitter · Share on Facebook
We think the Baltic Dry Index, based on time-charter rate average for various vessel sizes, could jump by 15%-20% in 2020, after remaining fairly flat in 2019 when supply growth has outpaced
The indicators are (1) the Baltic Dry Index, (2) the price of copper and (3) the price of oil — all in decline and in the 6,962 views| Feb 1, 2020, 08:35pm EST Lawrence Gash 03:37, 9 January 2020 News The Baltic Dry Index, the Baltic Exchange's key sea freight index, has suffered its largest fall in the past The BDI (Baltic Dry Index) ended down two points since yesterday at 631 amid an unprecedented Geopolitical mess All in all, as we have said last year, 2020. Baltic index reverses course, gains for first time in 22 sessions www.themeditelegraph.com/en/markets/insurance/2020/01/11/news/baltic-index-reverses-course-gains-for-first-time-in-22-sessions-1.38316166 3 Feb 2020 An index tracking freight rates for the world's largest cargo ships has fallen to its Baltic Capesize Index Source: Baltic Exchange “A perfect storm has brewed for the cape market and prices in 2020 so far,” said WSJ News Exclusive | Trump Sought to Expand Virus Drug Tests Over FDA Objections. 29 Jan 2020 When the calendar year 2020 started and people across Asia began to The Baltic Dry Index, a measure of shipping rates for bulk dry goods 7 Feb 2020 Baltic Dry Index, German Manufacturing, Tesla v. 5, 2020, its lowest reading since April 1, 2016, and it could fall further. In general, the price of insurance is rising and that's great news for brokers, who work on commission
The index, tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities. The Baltic Dry Index is not restricted to Baltic Sea countries or to a few commodities like crude oil. Instead, the Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities.
Dry bulk shipping: seasonality, higher fuel costs, and coronavirus disruption behind poor start to new decade for dry bulk earnings. 26 February 2020. 30 Jan 2020 Source: Hellenic Shipping News Worldwide,. Wednesday, January 29 2020, the Baltic Dry Index decreased by 14 points, reaching 525 points.