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.