Baltic Dry Index Hits 3-Week High

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session on Monday, rising 3.4% to its highest level since February 2 at 2,112 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, advanced by 5.2% to 3,210 points; and …

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