- The Baltic Dry Index fell 7.78% to 474 points in London to mark the 14th straight day of a decline.
- The Baltic Dry Index bottomed out at 411 on February 10 and traded as high as 2,518 last September.
- Capesize rates fell back 20.9% and Panamax rates were down 1.6%.
- Related ETFs: Invesco Shipping ETF (NYSEARCA:SEA), Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY).
Baltic Dry Index weakens after sharp drop in Capesize rates
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Symbol | Last Price | % Chg |
---|---|---|
BDRY | - | - |
Breakwave Dry Bulk Shipping ETF |