The Baltic Dry Index settled at 1045 today, up 74 points from yesterday, and the highest level since August 2015 as hard commodities prices keep enjoying gains.
Gains in the capesize component of the index provided most of the strength, with the Baltic's capesize rate index gaining 14% from yesterday to reach 2303. The Baltic's timecharter average on 180,000-dwt ships reached $16,269 per day, up 15% for the day.
