News Analysis
The Baltic Dry Index that represents the average price to ship an ocean-going container has plunged since early September by over 83 percent to a price of $411 on Feb. 11.
China Coronavirus Causes 83 Percent Plunge in Maritime Shipping Rates
Shipping containers are unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. Mark Ralston/AFP via Getty Images
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