Insights and Stories on Baltic Dry Index

Feb. 21, 2019 at 5:59 pm CST

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by […]

By Phil Franz-Warkentin

Dec. 4, 2017 at 5:19 pm CST

CNS Canada –– The Baltic Dry Index has climbed sharply over the past two weeks, rising to its highest levels in nearly four years. The BDI settled at 1,662 points on Friday, having gained 300 points since the middle of November. The index was last above 1,600 in January 2014. […]

By Phil Franz-Warkentin

Sep. 12, 2017 at 6:47 pm CDT

CNS Canada — The Baltic Dry Index has seen some strength over the past two months, rising to its highest levels in nearly three years. The BDI settled Monday at 1,355 points, having gained roughly 500 points over the past two months. The index was last this high in November […]

By Phil Franz-Warkentin

Mar. 28, 2017 at 5:49 pm CDT

CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. […]

By Phil Franz-Warkentin

Feb. 10, 2017 at 3:24 pm CST

CNS Canada — Ocean freight rates are trending down, but are still well off the record lows seen exactly a year ago. The Baltic Dry Index (BDI), compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The […]

By Phil Franz-Warkentin