The Baltic Dry Index climbed by 18 points this Wednesday, reaching 546 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world.
Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793.
The lowest level ever reached was on Friday, November 20, 2015, when the index dropped to 498 points.
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