To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: Baltic Exchange Dry Index at 11-Year High
The Baltic Dry Index rose 2.9% to 3,267 on Thursday, its highest since June 2010 and extending gains for a seventh straight session, supported by prospects of robust demand and despite Chinas efforts to limit rising commodity prices. The capesize, which tracks iron ore and coal cargos of 150,000-tonnes, surged 5% to a one-month high of 4,212; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and iron ore, advanced 1.1% to 3,558, a peak since June of 2010. Among smaller vessels, the supramax index rose 41 points to 2,754. source: Baltic Exchange [/s2If]
Join Our Telegram Group