Baltic index falls as capesizes retreat to 2-week low

The Baltic exchange’s main sea freight index fell on Wednesday as capesize rates dipped to a two-week low. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 115 points, or 3.5%, to 3,139, the lowest since April 30. The capesize index fell 359 points, or 7.08%, …

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