
London – The Baltic Exchange
No matter if the few from the hoi polloi feel they might …escape the total collapse and introduce a common chartering entity , the historical low of the BDI could work to the benefit of all. The reality is simple: the BDI is down to 553 points! How many will sustain the collapse and how many will benefit from same it remains to be seen. A great market otherwise to become a white night!
For the record only the indices closed earlier on as follows: BDI 553 -3, BCI 700 flat minus 11, BPI plus 23 and then the… avalance continues with the BSI down 8 at 508, the BHSI at 281 -8… The wets too on a dropping…mood with the BDTI down 14 points at 886 and the BCTI down 9 points at 599.
Some people feel the rain, others just get wet! We have long ago warned you…