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Thursday, February 10, 2011

Baltic Dry Index (BDI) - 1064

Quote:

The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose for a second day on Tuesday, helped by firmer sentiment and expectation of higher cargo demand.

But brokers said signs that China's economy was overheating could put a dampener on appetite for iron ore and coal.

The index rose 1.82 per cent, or 19 points, to 1,064 points.

End Quote.

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