Definition
The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. It measures changes in the cost of transporting various raw materials, such as coal and steel. Members of the exchange directly contact shipping brokers to assess price levels for given shipping paths, a product to transport, and time to delivery or speed. The Baltic Dry Index is a composite of fo
In Panel Profits
In the Panel Profits market platform, What Is the Baltic Dry Index (BDI), and Why Is It Important? applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.