Thursday, May 14, 2009

Baltic Dry Index

The Baltic Dry Index is to track the shipping cost based on the dry shipping bulk products like coal oil manufacturing goods etc., So this give us a gauge to find out more about the demand and supply of raw materials and goods as more and more ships are engaged in import/exports. Here is whole story to track More Info

from the data below it shows it took a nose dive right before the market crash and now its showing some signs of life for the sea transportation. Breaking above 2300 by end of this week on the index is good sign for dry shipper and also watch out for the false move.Anyway here are the stocks related to the index DSX DRYS TBSI.


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