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Baltic Dry Index Up for 2nd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a second session on Monday, rising about 0.5% to 2,878 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for the second day, up 1.2% to 4,590 points; and the ...

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