What is Baltic Dry Index in Forex trading?

Table of Contents

The Baltic Dry Index is prepared from the data related to the costs of living and their dry bulk shipping rates of raw materials which are moved by sea.
Shipping costs are different for different type of commodity which shipped according to supply and demand.
The Blatoc dry index is handled by the Baltic Exchange in London. Moreover, the data is collected through subscribing he data can be directly subscribed to by main financial news services also from the Baltic Exchange.

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