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Dry bulk index continues to drop – down 40 percent since New Year's

The Baltic Dry Index continues its nosedive. The index is down more than 40 percent since the turn of the year, and is now at the lowest level since April 2016.

Photo: PR / Norden

Dry bulk index Baltic Dry continues to decline, after reaching a multi-year low yesterday.

Friday, the index drops 3.3 percent to 557 points, and has thus dropped 42 percent since the turn of the year.

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