Baltic dry index 2017-2020

In February 2020, the Baltic Dry Index had fallen to 535 - significantly lower than the recent high of 2,378 recorded in August 2019.

The Baltic Dry Index is based on the current freight cost on various shipping routes and is considered a bellwether of the general shipping market.

Baltic dry index from February 2017 to February 2020

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Sources

Release date

March 2019

Region

Worldwide

Survey time period

February 2017 to February 2020

Supplementary notes

The Baltic Dry Index (BDI), is issued daily by the London-based Baltic Exchange. It is considered a proxy for dry bulk shipping stocks as well as an indicator for the general shipping market. It based on a daily assessment of the current freight cost on various routes by a a panel of international shipbrokers.

Values are the latest available value for each month.

Values through to September 19 taken from investing.com.

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