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Baltic Dry Index

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Last Updated on: 26th September 2020, 10:48 am

The Baltic Dry Index covers dry bulk shipping rates, or the costs of moving raw materials by sea.

Shipping costs vary according to the type of commodity being shipped, the amount (supply and demand).

This index is managed by the Baltic Exchange in London and the data can be directly subscribed to by major financial news services as well as the Baltic Exchange.

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