What Is the Baltic Dry Index and Why Is It Important?

The Baltic Dry Index is sometimes referred to, but most investors aren’t really sure what it is. We’ll take a brief look into what the BDI is and why it’s important. This can help you attain a further grasp into geopolitical tensions, economic issues, and gives some insight into future events. It is renowned for its view as perhaps the most important indicator in the shipping industry. That’s arguable, but it is still valuable data and so we must certainly keep a close eye on it.

 

 

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Baltic Dry Index—BDI Definition

www.investopedia.com/terms/b/baltic_dry_index.asp

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