Dry bulk shipping rates fall again – Invesco Shipping ETF (NYSEARCA:SEA) | United States International Supply Chain Commission

The Baltic Dry Index fell 5.49% to 689 points in London.

Capesize rates were down 8.99% and Panamax rates were off 5.78% to drive the BDI lower.

Higher fuel price spreads are believed to be impacting the decisions of ship owners with longer voyages.

Related ETFs: SEA , BDRY

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