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Rising Dry Bulk Freight Costs Will Squeeze Traders, Boost Food Prices

By Agnieszka de Sousa (Bloomberg) — It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices. The Baltic Dry Index, a benchmark of shipping rates, surged 73 percent in 2017 to a four-year high because of a slowdown in new bulk freight capacity. More […] The post Rising Dry Bulk Freight Costs Will Squeeze Traders, Boost Food Prices appeared first on gCaptain.
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