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Baltic Index Snaps Six-Day Losing Streak On Stronger Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a six-day losing streak on Monday, buoyed by stronger capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 31 points to 1,932 points. The capesize index rose 104 …

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