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Baltic Dry Index is for dry bulk not containers.
by pouetpouet 10y ago
Baltic Dry Index is for dry bulk not containers.
- dredmorbius 10y agoIt's a general proxy for shipping industry price levels and general health. Not restricted to Baltic Sea countries, the index provides "an assessment" of the price of moving the major raw materials by sea. https://en.wikipedia.org/wiki/Baltic_Dry_Index https://en.wikipedia.org/wiki/Baltic_Dry_Index There is a freight-specific index, the HARPEX. It's not looking (or smelling) so good either: http://www.harperpetersen.com/harpex/harpexVP.do http://www.harperpetersen.com/harpex/harpexVP.do