The abbreviation of Baltic Sea Index is BDI, which is published on the Baltic Stock Exchange in London and is an authoritative index to measure the international shipping situation. It can well reflect the leading index of international trade. If the index rises sharply, it shows that countries' economies are in good condition and international trade is very active. In addition, the index is not only one of the leading indicators of international economy and trade, but also reflects the global demand for primary commodities such as grain, coal mines and cement. It is an important indicator of the future performance and investment value of shipping companies, so it is an important reference for many investors in the futures market.
Factors affecting Baltic sea index
Baltic index rose due to economic recovery;
2. The number of ships is reduced, because the manufacturing cycle of the ship itself will also lead to an increase in the Baltic index;
The decline of trade protectionism makes shipping prosperous, and the change of policy will also lead to the increase of Baltic index;
As the factory of the world, the development and demand of China's manufacturing industry will also affect the fluctuation of Baltic index.