Baltic Dry Index falls to 3253 down 116 points

Today, Tuesday, May 24 2022 , the Baltic Dry Index decreased by 116 points, reaching 3253 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 Wednesday the 10th of February 2016, when the index dropped to 290 points.

Source: Hellenic Shipping News Worldwide