Dry bulk on road to recovery?

In the three-month period to 6 June 2018, the Baltic Dry Index (BDI) began at 1212 points before falling steadily to 948 points four weeks later. By 14 May it had climbed to 1476 points, followed by a dip to 1077, before recovering to 1249 points by 6 June.  According to BIMCO, the dry bulk sector appears to be continuing on its road to recovery, as long as demand can stay ahead of fleet growth.

Baltic Dry Index – three months to 6 June 2018