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BalticDryIndex Weekly Update 28.01.2023

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BDI Weekly
157

BDI fell almost 50% after our forecast in October and is in the target area. The continued southbound movement is very disappointing for the reason outlined below. The BDI is often viewed as a leading indicator of economic activity because changes in the index reflect supply and demand for important materials used in manufacturing. If…

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BDI Weekly
157
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