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What does the Baltic Dry Index measure?

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Relevant answers:

Where can you find quotes for the Baltic Dry Index?
The best place have found to track the Baltic Dry Index (BDI) is on Bloomberg. It would seem that the Baltic Exchange like to keep this index somewhat under wraps and I haven't been able to use a...
What is the ticker symbol for the Baltic Dry Index?
The best place have found to track the Baltic Dry Index (BDI) is on Bloomberg. It would seem that the Baltic Exchange like to keep this index somewhat under wraps and I haven't been able to use a...
How do you convert wet measures to dry measures?
A pint is a pint is a pint in volume. However 16 oz in a pint is 16 oz in a pound only if it is water. A pint of flour does not weigh a pound as it is not as dense as water. A pint or 16 ounces dry...
How do you measure a cup dry measure?
Fill up a cup and level off with a butter knife or similar tool. The key is to not have overflow.
What is Baltic Panamax Index?
The baltic panamax index is an index given by the londan exchange for the of 60,000-85,000 DWT. These index are on day to day bases . they change according to the demand for the raw materials that is...