The recent slump in the Baltic Dry Index (BDI) may mean that demand for bulk commodities has softened, with negative implications for prices. But the relationship is far from straightforward. Indeed, even if the BDI revives, we think that the prices of industrial commodities will fall this year as growth in China’s commodity-intensive sectors slows.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services