# Baltic Dry Index Continues Gains as Analysts Suggest Dry Bulk Slump Nearing Conclusion - Ship & Bunker

> The Baltic Dry Index rose 17 points to 1,415 on September 19, its highest since November 2014, with gains across capesize, panamax and supramax segments. Analysts said the dry bulk slump was nearing its end, citing Chinese infrastructure spending and a weaker dollar.

- Date: 2017-09-19 · published 2017-09-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69168-baltic-dry-index-continues-gains-as-analysts-suggest-dry-bulk-slump-nearing
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Broad-based dry bulk rate gains push up ocean freight costs for grain and oilseed cargoes, raising delivered prices for imported feed ingredients and favoring nearby supply.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- shipandbunker.com: https://shipandbunker.com/news/world/296386-baltic-dry-index-continues-gains-as-analysts-suggest-dry-bulk-slump-nearing-conclusion

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