How about BDI index & SEA

Discussion in 'Stocks' started by hfgx, Dec 19, 2008.

  1. hfgx


    I think BDI index dropped too much. Even through raw material prices step down and stock in seaport remain large, marine shipping industry is fine.

    Somali pirates attacks will drive BDI index and shipping price.
  2. I would not be surprised if the deep pockets were booking far far in advance now to lock in these rates.
  3. 4XQs


    Spot and front month lead the way down, and was always the cheapest - the forward curve has been steep. But yes, you're right - there's probably been some savvy buying further out.
  4. hfgx


    float up