Since this August, the Baltic dry index (BDI) has remain rising, from 751 points to 1088 points, up nearly 50%.A senior researcher from the CIConsulting says, the rebound of BDI is mainly caused by the increasing ore volume. On the one hand, international mines help bolstering China's iron ore shipments; on the other hand, the current period is the period to fill inventory, which is a seasonal factor. BDI is an important index to study the future performance and investment value of shipping industry. The rebound of BDI plays a good role to help shipping companies improve profits and also to greatly boost market sentiment.

As the approaching of “golden September and silver October”, BDI index started a new stabilize rebound. After months of decline, it has risen acceleratedly since August. It is reported that the rapid rebound of BDI index mainly benefits from the rebound of capsize rate. Analysts from Industrial Securities believe that iron ore is expected to continue to push up capesize rate, which means continued upturn in capesize market and the recovery of BDI. In terms of coal, Shenhua Group, China coal and other large groups have raised prices recently, in addition, with the boost of summer stock, import demand has also recovered. The demands of both iron ore and coal help pushing BDI index to rise.

It is widely believed that the surge of BDI is undoubtedly the dawning for the recovery of shipping industry. Now the shipping industry is in the recovery state at the bottom, and in the medium to long term, the improvement of supply and demand and the elasticity of profit in shipping industry are optimistic. After years of downturn, shipping industry appears to usher in a strong recovery, which can promote the performance growth of shipping industry, and in capital market, shipping sector is expected to attract investment.