Loading…
The Baltic Dry Index fell 5 points to 1,214 on January 29, 2018, a decline of 0.41% from January 26. The index covers Handysize, Supramax, Panamax and Capesize routes carrying coal, iron ore and grain.
A near-flat BDI signals stable dry bulk freight costs, so grain shipping expenses are not changing materially on this day.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.