Baltic Dry Index Advances 20 Days In A Row

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Baltic Dry Index Advances 20 Days In A Row

By Mark Perry on May 28, 2009 | More Posts By Mark Perry | Author's Website

The Baltic Dry Index came close to reaching an 8-month high Wednesday, closing above 3,000 for the first time since early October, and hitting the highest level since September 30. The shipping index has advanced for each of the last 20 sessions, and the 222 point increase today was the largest one-day increase since early July 2008.

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