Insights and Stories on BDI

Ocean freight rate index moving higher

Jun. 15, 2020 at 6:04 pm CDT

MarketsFarm — Ocean freight rates have shown steady gains over the past month, rising to some of their highest levels of 2020 as world economies show signs of recovery amid the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher for 12 straight […]

Virus fears weigh on global shipping sector

Feb. 4, 2020 at 12:46 pm CST

By MarketsFarm Team

Ocean freight rates trending lower

Jan. 6, 2020 at 6:56 pm CST

By Phil Franz-Warkentin

Ocean freight index hits five-and-a-half year highs

Jul. 16, 2019 at 6:31 pm CDT

By Phil Franz-Warkentin

Baltic Dry Index near 2-1/2-year lows

Feb. 21, 2019 at 5:59 pm CST

By Phil Franz-Warkentin

Baltic Dry Index nears four-year highs

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

Baltic Dry Index hits three-year highs

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

Baltic Dry Index hits two-year highs

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

Ocean freight rates pointed down, but well off year-ago lows

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

Baltic Dry Index hits highest levels in nearly two years

Nov. 18, 2016 at 6:55 pm CST

CNS Canada — The Baltic Dry Index has posted sharp gains over the past month, rising to its highest levels in nearly two years. The BDI settled at 1,257 points on Friday, having gained roughly 400 points over the past two weeks. The index was last this high in November […]

By Phil Franz-Warkentin

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