The Baltic Dry Index (BDI) is a measure of the cost of shipping dry bulk commodities, such as iron ore, coal, and grain. It is a composite index that is calculated based on the cost of shipping these commodities on a number of different routes around the world. The BDI is an important indicator of the state of the global economy, as it reflects the demand for .
There are a number of different ways to buy the Baltic Dry Index. One way is to buy futures contracts on the Baltic Exchange. Futures contracts are agreements to buy or sell a commodity at a set price on a future date. Another way to buy the BDI is to buy exchange-traded funds (ETFs) that track the index. ETFs are baskets of securities that trade on exchanges, just like stocks.
