The Baltic index has been trading below 450 in February, the lowest level since March 2016 with the capesize segment falling to all-time lows amid weak demand for ships and muted activity in China, whose demand accounts for almost 40% of total dry seaborne imports. The dry bulk index, which can be an early indicator of slowing global growth, has plunged by over 83% since early September as an 18-month trade war between the US and China and the coronavirus outbreak weighed on exports and manufacturing, while higher fuel costs under the new International Maritime 2020 regulations led to a significant rise in the cost of operating cargo ships. The last time it fell by 90% in just a few months was in 2008 during the Great Recession.

Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008. source: Baltic Exchange

Baltic Exchange Dry Index is expected to trade at 517.67 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 581.46 in 12 months time.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Baltic Exchange Dry Index


Baltic Exchange Dry Index
The Baltic Dry Index is reported daily by the Baltic Exchange in London. The index provides a benchmark for the price of moving the major raw materials by sea. The Baltic Dry Index is not restricted to Baltic Sea countries or to a few commodities like crude oil. Instead, the Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities.

Energy Price Day Weekly Monthly Yearly Date
Crude Oil 53.3975 0.17 0.32% 3.85% -8.51% -6.25% Feb/20
Brent 59.2766 0.04 0.07% 5.21% -8.21% -11.62% Feb/20
Natural gas 1.9637 0.01 -0.30% 7.38% 2.65% -27.19% Feb/20
Gasoline 1.6690 0.00 -0.14% 5.56% 0.99% 3.38% Feb/20
Heating oil 1.7026 0.01 -0.40% 1.50% -7.27% -16.39% Feb/20
Ethanol 1.3410 0.01 0.72% 1.24% -1.43% -0.22% Feb/20
Naphtha 479.59 4.25 0.89% 0.90% -11.93% -4.46% Feb/19
Propane 0.40 0.01 3.27% 5.75% -7.20% -40.14% Feb/19
Uranium 24.6000 0.05 0.20% 0.61% 0.20% -14.29% Feb/19

Metals Price Day Weekly Monthly Yearly Date
Gold 1,606.59 2.04 -0.13% 1.93% 3.22% 21.42% Feb/20
Silver 18.3688 0.06 -0.35% 3.98% 3.36% 16.15% Feb/20
Platinum 992.09 13.30 -1.32% 2.52% -0.69% 21.13% Feb/20

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 896.3542 1.38 -0.15% 0.13% -2.07% -1.61% Feb/20
Wheat 562.9929 1.72 0.31% 3.89% -3.02% 15.72% Feb/20
Palm Oil 2,531.00 0.00 0.00% -1.06% -2.35% 18.00% Feb/20
Cheese 1.7800 0.00 -0.22% -0.39% -1.44% 27.05% Feb/19
Milk 16.97 0.01 -0.06% -0.35% -0.35% 21.21% Feb/19
Wool 1,574.00 0.00 0.00% 0.25% -2.18% -22.35% Feb/19
Tea 2.42 0.00 0.00% 0.00% -3.59% -15.38% Feb/19
Sugar 15.58 0.30 1.96% -1.27% 7.08% 17.67% Feb/19
Cocoa 2,925.00 25.00 0.86% 0.72% 3.80% 29.65% Feb/19
Coffee 106.80 0.25 0.23% 6.11% -3.83% 11.13% Feb/19
Orange Juice 100.40 1.70 1.72% 2.45% 4.80% -16.37% Feb/19
Lumber 460.30 14.20 3.18% 1.28% 8.38% 15.60% Feb/19
Rice 13.4000 0.03 -0.19% 0.71% -0.11% 31.24% Feb/20
Rubber 162.00 0.00 0.00% 2.79% -3.69% -18.22% Feb/20
Oat 301.6457 0.70 -0.23% 2.05% -4.16% 11.72% Feb/20
Canola 458.40 0.90 -0.20% -1.16% -3.86% -3.45% Feb/20
Cotton 68.40 0.08 -0.12% 0.96% -1.21% -5.25% Feb/20
Corn 380.5312 0.27 -0.07% 0.19% -1.77% 1.34% Feb/20

Livestock Price Day Weekly Monthly Yearly Date
Lean Hogs 55.9987 0.02 0.03% -2.29% -17.33% 0.09% Feb/14
Beef 13.86 0.10 -0.72% -3.48% 6.21% 32.50% Feb/19
Poultry 4.89 0.00 0.00% 0.62% -4.68% 10.88% Feb/19
Feeder Cattle 140.9652 1.94 1.40% 4.53% -2.83% -1.58% Feb/19
Live Cattle 121.4081 0.00 0.00% 1.71% -4.12% -4.87% Feb/19

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.5983 0.02 -0.61% -0.51% -6.80% -10.48% Feb/20
Lithium 49,000.00 0.00 0.00% 0.00% 0.00% -37.58% Feb/20
Bitumen 3,104.00 36.00 1.17% 1.77% -2.76% -3.48% Feb/19
Steel 3,365.00 4.00 -0.12% -0.44% -8.91% -10.98% Feb/19
Cobalt 33,750.00 0.00 0.00% 0.00% 4.65% 8.87% Feb/19
Lead 1,929.50 36.00 -1.83% 3.68% -1.20% -6.23% Feb/19
Nickel 12,739.00 10.00 0.08% -2.12% -8.62% -0.29% Feb/19
Molybdenum 25.80 0.00 0.00% 6.61% 17.01% -5.32% Feb/19
Iron Ore 90.50 1.00 -1.09% 4.02% -6.22% 2.26% Feb/19
Aluminum 1,720.00 1.00 -0.06% -0.81% -5.08% -9.71% Feb/18
Tin 16,500.00 100.00 -0.60% 0.15% -7.56% -22.99% Feb/18
Zinc 2,145.00 27.00 -1.24% -0.14% -12.23% -20.05% Feb/18
Palladium 2,718.17 4.50 0.17% 12.15% 13.18% 85.10% Feb/20
Coal 67.98 0.54 -0.79% -3.19% -4.19% -27.29% Feb/19
Rhodium 12,100.00 300.00 2.54% 11.52% 32.97% 344.04% Feb/19
Manganese 32.50 0.00 0.00% 0.00% 3.17% -17.72% Feb/19
Soda Ash 1,550.00 0.00 0.00% 0.00% 0.00% -22.11% Feb/19
Neodymium 372,500.00 4,000.00 1.09% 1.36% 1.36% -6.41% Feb/19
Iron Ore 62% fe 85.7000 0.27 0.32% 1.46% -9.60% -2.65% Feb/19

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 465.00 15.00 3.33% 10.45% -36.21% -26.19% Feb/19
CRB Index 186.14 1.80 0.97% 2.21% -3.90% -2.40% Feb/19
LME Index 2,671.30 3.10 -0.12% -0.21% -7.70% -11.04% Feb/19
S&P GSCI 2,352.03 0.00 0.00% 1.49% -7.27% -6.02% Feb/19