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Baltic Dry Index Down for 2nd Day

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, eased for the second session on Thursday, falling 0.2% to 2,117 points, pushed down by the bigger-size segment.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, dropped 2.5% to 3,051 points.

On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, rose 1.4% to 1,916 points; and the supramax index advanced 3.5% to 1,299 points.
Source: Trading Economics



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