Baltic Dry Index Climbs to 778, up 21 Points

1674

Bulk

On February 21 2017, the Baltic Dry Index climbed by 21 points, reaching 778 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore.

The index is based on a daily survey of agents all over the world.  Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793.  The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

Did you subscribe for our daily newsletter?

It’s Free! Click here to Subscribe!

Source: DryShips Inc.