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    Softens

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    Dry bulk market softens but maintains upward trend
    marketsJan 1, 2000

    Dry bulk market softens but maintains upward trend

    Despite the fact that China is on holiday this week, the dry bulk market has managed– albeit with a softer pace – managed to hold its ground and even post a mild upward trend. As such, the industry's benchmark, the Baltic Dry Index (BDI) inched higher yesterday, increasing by 39 points to reach 2,047. All major ship classes were on a higher note, with Capesizes leading