Baltic Dry Good Index vs Crude Oil Price

[Glenn Black]

http://investmenttools.com/futures/b....htm#bdi_crude


The chart above seems to show that the Baltic Dry Goods Index can't keep pace with the crude oil price. It appears they have tried to raise prices time & again, but traffic is too low, shipments are stolen by the low bidder who needs the cash flow.

If true, this seems to confirm we're not out of this yet.

Any other analysts with a different opinion?

[Rajiv]

Re: Baltic Dry Good Index vs Crude Oil Price

Thanks for the graph -- interesting information

[*T*]

Re: Baltic Dry Good Index vs Crude Oil Price

Overcapacity in shipping still not worked off yet.