08JAN2018 - NEWS - BDI up to a level of 1371.00

Baltic Exchange issues BDI value on daily basis. On 05 Jan 2018, the Baltic Dry Index (BDI) was up 30 points (+2.19%) to a level of 1371.00 as compared to the level (1341.00) on 04 Jan 2018.

Basically Baltic indices tracks the costing of moving materials via sea. The 3 major indices includes  - Baltic Dry Index (BDI) which tracks the freight rates of bulk commodities and provides the assessment of the price of moving raw materials like coal/iron by sea, Baltic Tanker Dirty Index (BDIY) which tracks rates for crude oil and the Baltic Tanker Clean Index (BCIY) for tracking of petroleum products.