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Baltic Dry Index set for best quarter since 2011

Wednesday, December 18, 2013 - 06:00

[LONDON] The Baltic Dry Index, a measure of costs to transport commodities by sea, is poised for its best quarter since 2011 on stronger Chinese demand for imports of Australian iron ore.The gauge averaged 1,815 so far in the fourth quarter, the highest level since 2011's final three months,

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