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DaveinHackensack

05/16/09 8:07 AM

#4282 RE: realest #4281

From yesterday's Financial Times:

The Baltic Dry index hit its highest level this year with the benchmark for freight costs for dry bulk commodities such as iron ore, coal and grains up 4.3 per cent to 2,432 points, helped by rising Chinese demand for commodities. On Tuesday, China said iron ore imports reached 57m tonnes, a monthly record.

http://www.ft.com/cms/s/0/c0563cf0-40e6-11de-8f18-00144feabdc0.html