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March 01, 2015

Doom? Yeah, This Isn't Good [CBD]

The Baltic Dry Index is a rough measure of the cost of moving bulk materials by sea. Obviously the price of oil has a significant impact on this index, but since the cost to enter (and exit) this market is huge and long-term (many millions of dollars and a few years to build a bulk carrier), supply is inelastic and small changes in demand have clear impacts on pricing. And...shipping companies often purchase fuel futures to hedge their costs, so rapid changes in oil prices will not correspond to rapid changes in their fuel costs.

And here is the opposite view, thanks to commenter "Sauropod."
Why You Shouldn't Worry About The Baltic Dry Index Hitting A 29-Year Low

posted by Open Blogger at 12:15 PM

| Access Comments


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Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info: maildrop62 at proton dot me Cutting The Cord And Email Security Cutting The Cord [Joe Mannix (not a cop)] Cutting The Cord: It's Easier Than You Think [Blaster] Private Email and Secure Signatures [Hogmartin] Moron Meet-Ups Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX Contact Ben Had for info	« Gun Thread - What Fresh Hell? Edition [Weirddave] \| Main \| The Gaming Thread » March 01, 2015 Doom? Yeah, This Isn't Good [CBD] The Baltic Dry Index is a rough measure of the cost of moving bulk materials by sea. Obviously the price of oil has a significant impact on this index, but since the cost to enter (and exit) this market is huge and long-term (many millions of dollars and a few years to build a bulk carrier), supply is inelastic and small changes in demand have clear impacts on pricing. And...shipping companies often purchase fuel futures to hedge their costs, so rapid changes in oil prices will not correspond to rapid changes in their fuel costs. And here is the opposite view, thanks to commenter "Sauropod." Why You Shouldn't Worry About The Baltic Dry Index Hitting A 29-Year Low posted by Open Blogger at 12:15 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Aetius451AD Work Laptop: "331 Those frankenmeats might have something to do ..." 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