Baltic Dry Index Slips to Near 1-Week Low
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-day winning streak on Monday, dropping by 2.4% to its lowest since October 27 at 2,648…
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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-day winning streak on Monday, dropping by 2.4% to its lowest since October 27 at 2,648 points. Declines were seen across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, ...
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