BDI Surges to Recent-Year High and Still Bullish in Near Term

Published: Sep 22, 2017 10:13

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The Baltic Dry Index (BDI) rose 2.4% on September 20 and closed at 1,449, the highest in recent years.

SHANGHAI, Sept. 22 (SMM) - The Baltic Dry Index (BDI) rose 2.4% on September 20 and closed at 1,449, the highest in recent years.

Industry insiders are still bullish toward the market citing fewer new capacity and stronger demand.

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Baltic Dry Index (BDI)shipping

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