Baltic Dry Index Snaps 4-Day Winning Run

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped its four-day winning streak on Friday, falling by 1.2% to 2,660 points. The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, dropped roughly 2% to a fresh low since August 24 at 2,109 ...

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