June 29, 2020

Fathom Chart of the Day 26.06.2020: Baltic Dry Index points to a V

by Fathom Consulting.

The Baltic Dry Index, a measure of the price of shipping dry goods around the world, has increased by 60% so far this year. It was hit early on by the COVID-19 crisis, but has surged recently — reflecting the recovery happening in the world’s principal consumer of dry commodities: China. China is already experiencing the early phase of a V-shaped recovery, which is very encouraging for the prospects for the global economy too. A V remains our central case, although the risk of an L is still material.

Refresh this chart in your browser | Edit the chart in Datastream

This chart is taken from Fathom’s Recovery Watch newsletter. Click here to subscribe to Recovery Watch and Forums.

Next forum date: Monday 29 June 2020



Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Get In Touch


We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×