Download historical data for 20 million indicators using your browser. On 13 May 2020, Baltic Exchange Capesize Index fell to -17 from 123 on 12 May 2020. Capesize bulk carriers have been earning less than OPEX (Daily Operating Expenditure) since 24 January 2020.

Every working day a panel of international shipbrokers submit their view of current freight cost on various routes to the Baltic Exchange. If ship demolition rate is maintained through the year it would total 7.2% of the world fleet will be scrapped in 2016 which would be a record. The last time the Baltic Dry Index dove below 500 […] Currently, Capesize OPEX (Daily Operating Expenditure) is $5,026 per day. Cape earnings have dropped over the past few weeks from last month’s high of $10,081 per day achieved on 20 April. The Baltic Dry Index edged up for a second day to 1,115 on Wednesday but remained close to the 5-month low touched on Monday. Baltic Dry Index (BDI) is 36% below its end-March peak at 844 due to a steep drop in iron ore prices, which are down roughly 32% to $54 pmt since the beginning of 2017. On 20 April 2020, May 2020 Western Texas Intermediate (WTI) future contract rates plunged below zero for the first time ever to -$40.32 per barrel (bbl) before settling to -$37.63 per barrel (bbl) for the day. Not restricted to Baltic Sea countries, the index provides "an assessment of the price of moving the major raw materials by sea. Touch device users, explore by touch or with swipe gestures. On 20 April 2020, Capesize bulk carriers weighted TCE (Time Charter Equivalent) reached $10,081 per day. Also, among smaller vessels, the supramax index was up 21 points to 973, the highest since October 29th. In September 2020 the Baltic Dry Index remained steady at 1,725. After the Q4 2018 stock market crash, the Baltic was still moving lower well into January. Due to tight capesize availability, the Atlantic basin was trading at a slight premium to rates in the Pacific basin couple of weeks ago. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Thousands of Farmers March Toward New Delhi to Protest, India Stocks Rise After Governor Das Flags Strong Recovery, Vedanta Resources Sounds Out Bondholders on Debt Extension, Thermax Seeking Acquisitions to Expand as Business Rebounds, Covid Vaccine Rush in China Raises Fears of Booming Black Market, Short-Term Rates Crash in India With Funds Overflowing With Cash, India Risks Losing to Trade Bloc Defeating Very Reason It Exited, India’s Most Populous State Brings Law to Fight ‘Love Jihad’, India Set for New Highs as Global Equities Rally to Fresh Peaks, ‘Big Brother’ Amazon Targeted in Retail Fight With Ambani, Pandemic Is a Surprise Boon for Women in the World’s Back Office, Donors Pledge $13 Billion for Afghanistan as U.S. Looks to Exit, Pandemic Pushed India’s Taj Hotel Chain to Look to Cut Costs, India Rate-Setter Sees High Inflation Throttling Policy Space, India Blocks Several Alibaba Apps in Widening Chinese Blacklist, 'Bloomberg ETF IQ Europe' Full Show (11/26/2020). Currently, at international bunkering hubs, the spread between very low-sulfur fuel oil (VLSFO) and intermediate fuel oil (IFO) remains high. The Baltic Dry Index (now at 433) measures trade of core goods for production. The Baltic Dry Index is reported daily by the Baltic Exchange in London. Baltic Capesize Index (BCI) has been at sub-zero levels since February 2020. Iron ore price has hit a 15-month high and spike in speculative trading on steel and iron ore distorted the market. Baltic Exchange Dry Index plunged to 672 from 757, while Baltic Exchange Panamax Index declined to 747 from 822 on the last week of April 2020. The Trading Economics Application Programming Interface (API) provides direct access to our data. Last September 2019, this index was over 2000. The second half of 2017 will be a soft market with low freight rates. They were placed on your computer when you launched this website. baltic dry index (bdi) 2020 Daily updated values and stock chart of the main shipping and trade index The Baltic Dry Index (BDI) is an economic indicator issued daily by the London based Baltic Exchange. 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. All Refinitiv websites use cookies to improve your online experience. © 2004—2019 PortNewsPhone: +7 (812) 570 78 03E-mail: Furthermore, lingering capesize chartering activity amid iron ore importers are anticipating lower prices also weighed down capesize freight rates through 24 April 2020. The Baltic Dry Index went up 0.8% to 1,178 on Tuesday, extending gains for the sixth day to the highest since November 10th. Capesize freight rates declined throughout the last week of April 2020 as oil prices plunged to record levels. Except for supramax bulk carriers, all dry bulk shipping market nosedived. Fathom is a consultancy specialising in global economic and financial market research.

On 24 March 2020, Baltic Dry Index (BDI) has risen 626 points which is the biggest daily rise since 20 April 2018. Baltic Dry Index (BDI) plummeted 729 points on 20 January 2020. At Thanksgiving, Americans Wonder: Fly or Don’t Fly? ... Refinitiv provides solutions to the global financial community - delivering critical news, information and analytics, enabling transactions and connecting communities of trading, investing, financial and corporate professionals. Publish your articles and forecasts in our website. Find out more. Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Baltic Dry Index is a measure of how much it costs to ship raw materials like iron ore, steel, cement, and so on. BDI is a number issued daily by the London-based Baltic Exchange. We employ, adapt and create the best analytical tools to address questions that often go into previously uncharted territory. Capesize bulk carriers Australia-China leg dived to $3.57 per metric tonne.

Shipowners have been trying to fix their vessels for short trips. Period market is gaining breadth with 83 fixtures Q2 2017 and many charterers fearing higher rates in the near future. Please accept cookies for optimal performance. The Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.

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