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Dry freight rates “absolutely flying” near 11-year high

CoalFreight

27 Apr 2021 13:23

London

27 Apr 2021 13:23

(Montel) The global dry freight marker – the Baltic Dry Index (BDI) – is “absolutely flying”, having hit its highest level in almost 11 years, amid buoyant Chinese commodity demand, market participants said on Tuesday.

The BDI was assessed last at 2,889 points, up 33% on the month and ...…

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