The Baltic Dry Freight Index Is Near a 2-Year Low. Why It’s a Bearish Omen for Commodities.

Barchart
  -  
Monday, February 3, 2025
The Baltic Exchange’s dry bulk sea freight index (BADI), which tracks shipping rates for vessels carrying by sea dry bulk commodities, has been slumping, and its price hit a nearly two-year low last week. Commodity market analysts monitor the BADI index because it provides guidance on global supply and demand trends in the overall raw commodity sector. The down-trending BADI is a bearish omen for much of the raw commodity sector, implying slowing global trade growth and commerce, as well as potentially increased isolationism by major countries, including the U.S. and China. The down-trending BADI index is also very likely due in part to the present uncertainty regarding U.S. trade policy, including threatened new tariffs from the Trump administration.
Click here to connect to the source of this storyClick here for more News and Views

As I browse the web researching various topics concerning the EU and UK sugar markets, I've been bookmarking interesting weblinks. Some of these are news clippings, some are links to official documents, and some are interesting data sources.

It's really easy (and anonymous) to subscrible to this EU and UK News & Views feed with RSS. Add this address to your favourite RSS reader:
https://www.julianprice.com/news-clippings/rss.xml