The Baltic Dry Index closes higher, reaching its highest level in nearly a month.

Golden Ten Data Futures, July 7 – The Baltic Dry Index closed higher, reaching a nearly one-month high, boosted by rising Capesize vessel freight rates. The Baltic Dry Index rose by 78 points, or 2.79%, to 2,875 points compared to the previous trading day. The Capesize Index increased by 205 points, or 4.76%, to 4,514 points. The Panamax Index rose by 14 points, up 0.63%, to 2,230 points. The Supramax Index increased by 1 point to 1,676 points. The Handysize Index fell by 7 points from the previous day to 929 points.