Baltic Dry Index Bounces Back

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose about 0.3% to 3,584 points on Tuesday, following a 1.4% decrease in the prior session. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, rebounded by 0.4% to 6,313 points; and the supramax index ...

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