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Page last updated at 09:53 GMT, Tuesday, 30 June 2009 10:53 UK

Shipping index predicts economy

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The Baltic Dry Index is a measure for the demand for space on cargo ships which carry commodities like Coal, Grain, Steel and Iron Ore.

It has also proved to be a very effective indicator of what could be happening in the economy in six months time.

Nick Cosgrove reports.

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