It is reported that on November 18th 2009, Baltic Dry Index reached 4643 points, up by 262 point as compared to November 17th 2009, highest since September 23rd 2008
Buoyant Chinese appetite for iron ore and coal, growing port congestion in China & Australia and tight ship availability have helped BDI to surge so much off late.
Capsize
| | BCI | Change |
| SPOT 4 TCE AVG | 8243 | 560 |
| INDEX | 88560 | 6765 |
| November 17th 2009 | 81795 | |
| Year Ago | 3670 |
All except INDEX in USD
Change is with respect to numbers on November 17th 2009
Panamax
| | BPI | Change |
| INDEX | 4339 | 157 |
| SPOT 4 TCE AVG | 34890 | 1276 |
| November 17th 2009 | 33614 | |
| Year Ago | 8064 |
All except INDEX in USD
Change is with respect to numbers on November 17th 2009
Supramax
| | BSI | Change |
| INDEX | 2423 | 73 |
| SPOT 4 TCE AVG | 25334 | 759 |
| November 17th 2009 | 24575 | |
| Year Ago | 5974 |
All except INDEX in USD
Change is with respect to numbers on November 17th 2009
Spot 4 TC Average = Average Value of the Four Main Shipping Routes
BDI = Weighted Composite Index of BCI/BPI/BHMI
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(Sourced from www.steelprices-india.com)
