Could This Be The Start Of The New Leg Down For BDI?
by admin on Jan.28, 2010, under Where is Ze Moola?
Had not made any update on the Baltic Dry Index for quite some time already.My last posting was on 12 Nov 2009, The Baltic Dry Index Continues To Surge But Is it Sustainable?. BDI then closed at 3748 and the posting questions the sustainability of the surge.Since then BDI had corrected quite significantly.Yesterday I noted a stronger downward movement in the index. The Index closed at 3118, down s……
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*** Latest Close: 1437.78 *** Period Previous Price Change % Change 1 month 1,359.710 78.070 5.74% 
3 month 1,291.310 146.470 11.34% 6 month 1,328.220 109.560 8.25% 12 month 1,201.280 236.500 19.69%
