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PittoNot entirely true. You forgot to take into account...

  1. Virtual Shipbroker
    42 Posts.
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    11/03/09
    11:53
    Post #: 4889708
    Pitto

    Not entirely true. You forgot to take into account stockpiling. The BDI might represent whats being shipped but doesnt take into account storage and seasonal markets.

    I would not reply on the BDI or the BPI without considering all the other factors out there.



    AEV Price at posting: 40.3¢ Sentiment: None Disclosure: Not Held
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