BDI

The Baltic Dry Index (BDI) rose to fame in the mid-2000s as a leading indicator of the global economy. If the BDI went up, industrial production was set to increase; if it went down, vice versa. The BDI lost its luster as a macro bellwether during the decade after the financial crisis, as the...

The incredible post-election spikes in a group of shipping stocks led by DryShips Inc. (NASDAQ: DRYS) has resulted in daily financial media discussions about the Baltic Dry Index. However, many traders that don’t trade shipping stocks may not be familiar with what exactly the Baltic Dry Index...

he Baltic Dry Index (a) is composed of three sub-indices : the BCI (Capesize index), BPI (Panamax index) and the BSI (Supramax index). The major portion of the BDI is the Baltic Capesize Index . These vessels with cargo capacity of 100,000 to 400,000 DWT account for 62% of the world's dry...