BALTIC DRY INDEX (BDI) SURGING to 1 YEAR HIGH

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10 years 10 months ago - 10 years 10 months ago #15968 by ZEN
As of now it is at 1215 up another 4% yesterday .

Buy dry bulk shipping firm like MERCATOR LINES ... shipping between giant like India and CHina
Last edit: 10 years 10 months ago by ZEN.

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10 years 10 months ago #15969 by ZEN
this echoes the same sentiment by Uni ASia Holdings on BDI recovery ( the new article on Nextinsight webpage )

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10 years 9 months ago #16360 by Val
Hello Zen & everyone else. Did you know that the Baltic Dry Index is now at 2,050 points?

It has gone up almost 200% since the start of 2013 (when it was at the 700-point level). What SG-listed stocks are going to have a party ?

Courage Marine
Uni-Asia
Mercator Lines
Who else?

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10 years 9 months ago #16548 by Val
BDI climbed to 2113 points.

Capesize bulk carriers, which are the largest among bulk carriers, are the key beneficiaries. They are carrying iron ore and coal to China ... when stocking-up moderates, BDI will also moderate.

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