Bulk

Baltic Dry drops 23 percent in one week

Pace-setting dry bulk index, Baltic Dry Exchange, which tracks freight rates for coal, grain, iron ore and the like, dropped 23 percent in one week after a long period of improvements.
Photo: David Gray/Reuters/Ritzau Scanpix
Photo: David Gray/Reuters/Ritzau Scanpix
BY RITZAU FINANS & SHIPPINGWATCH

Dry bulk index Baltic Dry drops 5.1 percent to 1,317 points Friday.

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