Dry firms further; Wets falling. Geopolitics coupled with Recession and Covid chaos the big issue
The BDI (Baltic Dry Index) was up 20 points since last Friday 23 April and now reads 2,808 points. Wets enigmatic fall lifts eyebrows. We are close to a major bankruptcy. John Faraclas daily brief recap:
It’s good seeing the BDI surpassing the 2,000 point threshold and things could have been better if the Panamaxes’ BPI stop its fall… you can’t have everything…
The Capes’ BCI surpassed...