Baltic Dry Index Edges Down on Wednesday

The Baltic Exchange’s dry bulk freight index decreased 0.4% to 2121 on Wednesday, from a more than three-week high in the previous session. The capesize index, which typically transport 150,000-ton cargoes such as iron ore and coal, fell 2.5% to 3128. On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons …

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