31.05.2010 - Main Baltic index falls on slower cargo enquiry
From Btimes.com.my: The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell on Friday as slower cargo enquiry took its toll. Brokers said the onset of India's monsoon season was weighing on smaller ship sizes due to lower iron ore activity. The index, which gauges the cost of shipping commodities including iron ore, cement, grain, coal and fertiliser, fell 1.88 per cent, or 78 points, to 4,078 points falling for a second day...........................................Full Article: Source
Print