# Baltic Dry Index to Become Tradable After Benchmark Changes

> The Baltic Exchange's Baltic Dry Index changes will make the index tradable for the first time, Index Council officials said. From March 1 the smallest ship segment (handysizes) is dropped and weightings of the three largest classes are altered.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/66399-baltic-dry-index-to-become-tradable-after-benchmark-changes
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A tradable freight index gives investors a way to bet on dry bulk shipping rates, which can add financial interest to ocean grain freight costs, though it has little direct effect on feed grain prices.

## Read by commodity

- OCEANFRT: neutral

## Sources

- gcaptain.com: https://gcaptain.com/baltic-dry-index-to-become-tradable-after-benchmark-changes/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.