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Baltic Dry Index Up to 2-Month High

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a fifth straight session on Wednesday, climbing by 4.3% to its highest since June 3 at 3,063 points, mainly supported by the larger segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and ...

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