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Baltic Dry Index

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BilboBaggins
Contributor
Hi -anyone know how to trade this Index (or a proxy for it) in ZA? Regards.
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Super Contributor
GND.. (Too late to short this index; AND going long could be a rather tedious propsition. So maybe consider running with a stock like this.)
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Valued Contributor
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Super Contributor
I believe there are specialised products in the states that simulate and track this index. (?) Why anyone would want to is another matter altogether.
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BilboBaggins
Contributor
Thanks - looked at GND - but doesn't track the Index at all well...
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BilboBaggins
Contributor
Thanks - looked at GND - but doesn't track the Index at all well...
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BilboBaggins
Contributor
Thanks - looked at GND - but doesn't track the Index at all well...
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BilboBaggins
Contributor
Thanks - looked at GND and doesn't seem to track the index very well...
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BilboBaggins
Contributor
Thanks - looked at GND - doesn't seem to track the index very well.
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Super Contributor
Sorry, all. The system was bouncing me...
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Solution
Super Contributor
I never said it did. If it was a pure shipping company, it would probably have gone bust by now given the level of the BDI.It will move according to the dynamics of its various components but will offer upside when (if?) shipping rates (the "BDI") rise.
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