Baltic Dry Index

Business, Legal & Accounting Glossary

Definition: Baltic Dry Index


Baltic Dry Index


Full Definition of Baltic Dry Index


BDI. Index established by the London-based Baltic Exchange for tracking dry bulk shipping and trading costs. This is comprised of three sub-indices which are subdivided by the different categories of bulk ships (Capesize, Supramax or Panamax). The BDI was established in order to calculate costs in transporting raw materials. It can be volatile due to the high costs of transporting and its high susceptibility to global demand but low susceptibility to speculation. For this reason, investors look to the BDI as one possible gauge of future economic growth. also called Dry Bulk Index.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/baltic-dry-index/
Modern Language Association (MLA):
Baltic Dry Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/baltic-dry-index/.
Chicago Manual of Style (CMS):
Baltic Dry Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/baltic-dry-index/ (accessed: November 30, 2021).
American Psychological Association (APA):
Baltic Dry Index. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/baltic-dry-index/

Definition Sources


Definitions for Baltic Dry Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 14th November, 2021 | 0 Views.