John Faraclas
The BDI (Baltic Dry Index) ended up this week with minus 18 points, another double digit loss following yesterday’s minus 20 points… It was down four points since last Friday the 28th of September when the BDI stood at 1,540… A bit of odd figures as you will read herebelow; they don’t correlate at all both with the rates as well with the indices ups and downs…The Geopolitics continue to worsen. John Faraclas’ daily and weekly recaps:
The volatile Capes lost 67 points and the BCI now...
http://www.allaboutshipping.co.uk/2018/10/05/the-bdi1536-you-cannot-fight-against-the-future/