Subscribe to RSS feedBDI doomed to the doldrums
by
Jim Wilson
—
last modified
Jul 16, 2009 05:47 PM
THE cost of transporting coal, iron ore and grain by sea is forecast to decline this quarter as coal shipments ease.
A survey showed the Baltic Dry Index (BDI) will average 2,950 points in the third quarter, according to the median estimate of seven analysts, traders and fund managers surveyed July 3 to July 7. That is 5% less than last...
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