Baltic Dry Index as of March 2
The Baltic Dry Index rose by 1.33%
On 2 March 2021, the Baltic Dry Index rose to 1,673 points, up 22 points (+1.33%) versus the level of March 1.
BDI is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides “an assessment of the price of moving the major raw materials by sea. Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain. Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, the index is also seen as an efficient economic indicator of future economic growth and production.
Read also
Myande Group – Platinum Sponsor of BLACK SEA OIL TRADE-2025
Thailand has dropped to third place among the world’s largest rice exporters
Sugar exports from Ukraine in MY 2024/25 decreased by 16%
Kazakhstan: Wheat Quality Below Expectations, but Yields Remain High
Indonesia increases palm oil exports by 69% in July
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon