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Commodities Briefing - Categorized | Market Moves, Price Watch more

Shipping rates up for commodities

Posted on 16 September 2013

Global shipping rates for commodities have climbed to their highest level since January last year according to the Baltic Dry Index, which tracks global freight rates for ships carrying dry-bulk commodities.
The Index is seen as one of the key predictors of economic growth around the world. On Wednesday last week, it climbed 4.6%, taking its rally to around 36% for this month alone, as reported by The Australian………………………………………..Full Article: Source


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