Baltic Dry Index Down for 5th Day

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a fifth consecutive day on Friday, falling by 0.7% to a fresh low since January 23 at 1,923 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, declined by 1.1% to 2,918 …

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