Posted by hurricanemalta on 18th of Oct 2009 at 10:20 am
I saw an article by an analyst in Singapore a few weeks back
who expected $BDI to double in short order as a result of the
increased shipping to China as a result of them shipping raw
materials.Supposedly they had been waiting for the hot season to
end and then were increasing volumes.Whether $BDI has any long term
sustainable up trend is another thing.
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I read about likely increase in $BDI a few weeks back
Baltic Dry Index
Posted by hurricanemalta on 18th of Oct 2009 at 10:20 am
I saw an article by an analyst in Singapore a few weeks back who expected $BDI to double in short order as a result of the increased shipping to China as a result of them shipping raw materials.Supposedly they had been waiting for the hot season to end and then were increasing volumes.Whether $BDI has any long term sustainable up trend is another thing.