Baltic Dry Index definition

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Baltic Dry Index

Baltic Dry Index logo #21000 The Baltic Dry Index (BDI) is a number (in USD) 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....
Found on http://en.wikipedia.org/wiki/Baltic_Dry_Index
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