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  • China and the Baltic Dry Index - What's Really Going On?  [View article]
    Taterlot

    Thanks. Is there any exchange where the charter contracts are registered. Like stock prices - one can not fake trade to boost DJ-30 index.

    How do they account for liquidity issues - when there are 50 vessels waiting at Singapore and competing for one cargo. Many owners are willing to take the cargo for cost fuel and running expenses like crew wages or even less.

    Is is a open outcry bidding or a private deal between two parties with long business relationship?

    How is the BDI calculated?

    Thanks again.

    On Feb 10 10:29 PM Tatertot wrote:

    > It's the price that people pay to ship dry bulk items on ships. The
    > only way to manipulate this number would be to start chartering a
    > whole bunch of ships yourself.
    Feb 11 11:14 am |Rating: 0 0 |Link to Comment
  • China and the Baltic Dry Index - What's Really Going On?  [View article]
    Trader Mark,

    With all this excitement about rising BDI, can you please disclose if you are aware of the method to determine (fix) BDI each day!

    Is BDI real index like DJ 30 / S&P 500 or it is imaginary index like returns posted by Madoff?

    Feb 10 18:56 pm |Rating: +1 0 |Link to Comment
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