(Bloomberg) -- The cost of shipping raw materials
such as coal may rise in the coming weeks on port delays as
storms hit Australia's Newcastle harbor, the world's biggest
export terminal for the fuel.
The Baltic Dry Index, the overall measure of commodity-
shipping costs on different routes and ship sizes, rose 1.07
percent to 5310 yesterday, the first time in 10 days, according
to data from the London-based Baltic Exchange. The index lost 13
percent in the past nine days.
Read more at Bloomberg Energy News
such as coal may rise in the coming weeks on port delays as
storms hit Australia's Newcastle harbor, the world's biggest
export terminal for the fuel.
The Baltic Dry Index, the overall measure of commodity-
shipping costs on different routes and ship sizes, rose 1.07
percent to 5310 yesterday, the first time in 10 days, according
to data from the London-based Baltic Exchange. The index lost 13
percent in the past nine days.
Read more at Bloomberg Energy News
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