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The Baltic Dry Index rose slightly to 1,204 points on December 1, 2016, after gaining nearly 50 percent over the prior month. The index reflects panamax and supramax gains, and the rally was linked to optimism following Trump's election victory.
A sharp rise in the Baltic Dry Index signals higher bulk shipping costs for grains and oilseeds, lifting import costs for feed ingredients.
news.metal.comDec 2, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
