Baltic Dry-Bulk Shipping Index
Adjacent dry-bulk shipping cost reference for global agricultural trade
What BDRY tracks
The Baltic Dry-Bulk Shipping Index (BDRY) is a daily reference of dry-bulk ocean freight rates published by the Baltic Exchange. Dry-bulk freight is a major cost component of global agricultural trade, and BDRY moves correlate meaningfully with arrivals-side pricing of grain, oilseeds and bulk fertilisers.
Demeter republishes BDRY alongside its proprietary catalogue as a companion macro series so that users have a single platform for both Demeter indices and the most relevant adjacent reference series. The methodology is the Baltic Exchange's; Demeter does not modify the published values.
Frequently asked questions
What is the Baltic Dry-Bulk Shipping Index?
The Baltic Dry-Bulk Shipping Index (BDRY) is a daily reference of dry-bulk ocean freight rates published by the Baltic Exchange. Dry-bulk freight is a major cost component of global agricultural trade, and BDRY moves correlate meaningfully with arrivals-side pricing of grain, oilseeds and bulk fertilisers.
Why does Demeter republish BDRY?
Freight is a first-order driver of landed prices in agricultural trade and BDRY is the standard reference for the dry-bulk segment. Demeter republishes it as a companion macro series so that users have a single platform for both Demeter indices and the most relevant adjacent reference series.
Where can I read the Baltic Exchange methodology?
The methodology is published by the Baltic Exchange. Demeter's republished feed mirrors the Baltic Exchange figures without modification.
How can I access BDRY data via Demeter?
BDRY is available to Demeter subscribers via the Demeter platform alongside Demeter's proprietary indices. For licensing enquiries please contact the index team.
Related data
Indices and forecasts covering the same crop and region.