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Baltic dry index 2017-2020

In September 2020 the Baltic Dry Index remained steady at 1,725. This is over three times the value of 504 recorded at the end of May 2020 due to the coronavirus (COVID-19) pandemic. However, this is still below 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 September 2017 to September 2020

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Sources

Release date

October 2020

Region

Worldwide

Survey time period

September 2017 to September 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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