The Baltic Dry Index is seeing its second up session in a row (up 12 to 1,732) after 35 straight...

|By:, SA News Editor

The Baltic Dry Index is seeing its second up session in a row (up 12 to 1,732) after 35 straight losing sessions. Lex is joining critics of the BDI's prescience, saying that the lag time in building capacity is a distortion, but that underlying commodities demand is still an excellent leading indicator.