tracking the Baltic Dry Index

The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. It measures changes in the cost of transporting various raw materials, such as coal and steel. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.

BDRY is an ETF that trades on the Baltic Capesize Time Charter-Base Ticker for each sequential month.

To check out a chart of the Baltic Dry Index, I suggest using StockCharts.com to look up $BDI .