Tuesday, February 7, 2012

Baltic Dry Index Vs Gold ---- Click on Chart

TUESDAY, FEBRUARY 07, 2012

http://alcuinbramerton.blogspot.com/2012/01/altnews8-1ab-alcuin-httpalcuinbramerton.html
Alcuin Bramerton Twitter .. WikiLeaks Master Mirror Sites .. #1ab archive
Alcuin Bramerton profile ..... Index of blog contents ..... Home .....#1ab

Baltic Dry Index vs Gold - May 2011 to February 2012 (chart)
The Baltic Dry Index signals current global growth trends. It is one of the purest leading indicators of economic activity. It measures the demand to move raw materials and precursors to production, as well as the supply of ships available to move those cargoes.

The BDI is a daily average of prices representing the cost paid by end customers to have a shipping company transport raw materials across seas on the Baltic Exchange, the global marketplace for brokering shipping contracts. The index is quoted every working day at 1300 London time.

The world's largest freight shipping terminal is the Port of Shanghai (China). Lloyd's List (London) reports that container traffic through Shanghai fell by 100,000 boxes (four per cent) between January 2011 and January 2012. During this period, Shanghai shipping volumes decreased by over one million tonnes. More here (06.02.12).

No comments: