Replies

To: dynachrome

What will this do to the BDI? (Baltic Dry Shipping Index)

3 posted on 09/08/2016 4:49:09 PM PDT by Pearls Before Swine

To: Pearls Before Swine

Baltic Dry Index was 792.00 today.

Lowest was 290 on 2/10/16.

19 posted on 09/08/2016 5:22:33 PM PDT by exit82 (Road Runner sez:" Let's Make America Beeping Great Again! Beep! Beep!")

To: Pearls Before Swine

What will this do to the BDI? (Baltic Dry Shipping Index)

I don't think it will affect it much. Hanjin is more of a container shipper than a dry bulk shipper.

21 posted on 09/08/2016 5:36:31 PM PDT by Vince Ferrer

To: Pearls Before Swine

What will this do to the BDI? (Baltic Dry Shipping Index)

BDI has been trending upward since early August. Since Hanjin declared bankruptcy on 31 August, the rate of increase has accelerated.

The low point was 290, which happened on 10 February 2016. It is today at 773, having increased 3.76% since yesterday.

It closed at 636 on 31 August; today's price is 22% higher than that.

Since the day Hanjin declared BK, it is up 9%.

22 posted on 09/08/2016 6:18:22 PM PDT by Steely Tom (Vote GOP: A Slower Handbasket)

To: Pearls Before Swine

I find it amazing that all the products can be tracked and delivered.

27 posted on 09/09/2016 12:36:16 AM PDT by minnesota_bound

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