John Faraclas
The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix. Just compare to only 5 days ago (22/11) and see what you get out of this. The BCI has exactly doubled whilst Handies and Supras are completely flat; all the Capes heading to China. Geopolitics get a swirl to the worse. John Faraclas’ daily brief recap:
The BDI (Baltic Dry Index) gained three-digit-points: 122 earlier on today “thanks” to the Capes rise; this is beyond business shipping...