70FINANCE
⚡ Markets: A sustained rise in the BDI signals strong demand for raw materials and tightening shipping capacity, which translates to higher costs for industrial and construction sectors globally.Shipping stocksIndustrial commodities
The Baltic Dry Index, a key measure of the cost to ship raw materials, is surging due to factors including typhoons in Asia reducing vessel availability and increased demand for iron ore. This points to rising costs for global supply chains.
West MSM: noneFinancial press 1West Right 11 country
2 sources across the spectrum