Baltic Dry Index Retreats

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, fell about 1.4% to 3,151 points on Friday, after rising by 0.2% in the prior day, pressured by the bigger-size segment. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, dropped 2.3% to 5,316, marking …

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