Baltic Dry Index at 2-Week Low

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for the third session on Friday, slipping about 3.1% to its lowest since July 3 at 2,752 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also declined for the third day, dropping …

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