Skip to main content

Baltic index up for tenth straight session

Published by
World Cement,

Reuters are reporting that the Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, has increased for the tenth straight session on 25 February, assisted by steady demand for smaller shipping vessels.

The overall index, which measures the cost of shipping resources including iron ore, cement, grain, coal and fertiliser had increased by three points at 325 points.

The index touched an all-time low of 290 points on 10 February marking the lowest level since records began in 1985, but has since shown signs of recovery.

Edited from source by Joseph Green. Source: Reuters

Read the article online at:

You might also like

Sustainability 2020

Sustainability 2020

An online conference focusing on sustainability in the cement industry. Join us for presentations covering topics such as: Alternative fuels, air pollution control, dust control, carbon capture and more. Register for free today »


Embed article link: (copy the HTML code below):