BFI (Baltic Freight Index) International Shipping Index-Baltic Exchange began to publish the daily freight index on 1985, which is a comprehensive index composed of freight rates of several traditional dry bulk carrier routes according to their respective importance and proportion in the shipping market. Become a trend chart representing the international dry bulk transportation market. 1985 65438+1000 on October 4th, the index is set as1000 points, which consists of 13 routes, and its transportation goods are mainly grain, coal, ore, phosphate rock and aluminum alum, and there are no scheduled routes.

Over the years, in order to meet the needs of market diversification, the composition routes of BFI have been adjusted many times, and a separate scheduled charter flight route based on itinerary has been added. The average time charter of the benchmark routes of various ship types can basically represent the spot market level of various ship types. Especially 1 June 5438+September 9991,the BFI index originally reflecting Panama type and Cape of Good Hope type was decomposed into BCI (Baltic Cape of Good Hope Index) and BPI (Baltic Panama Type Index). In this way, together with the established lightweight limit ship freight index BHMI(Baltic Handymax Index), three major ship freight indexes are formed, and the number of routes formed by the indexes reaches 24. 1 999165438+1October1,BDI generated by BCI, BPI and BHI respectively replaced BFI, which was targeted at several important routes by 20 large intermediaries from five countries (the United States, Britain, Norway, Italy and Japan).