The Shanghai International Energy Exchange has adjusted the margin ratio and trading limit for certain European line futures contracts on container shipping index from December 25. Freight rates from Shanghai to Rotterdam increased by 16% to $1,667 per feu, and rates from Shanghai to Genoa increased by 15% to $1,956 per 40ft container. The most-traded Shanghai Containerized Freight Index (Europe Service) Futures extended fall to 10% on Monday. Containerized Freight Index Futures (Europe Service) has been fluctuating, with rallies and falls, with the most-traded contract surging by 90% since December 15. The Shanghai Export Containerized Freight Index based on Settled Rates (Europe Route) jumped by 21.7% to 1,204.81 on December 25. On December 29, the Shanghai Export Containerized Freight Index jumped by 40.2% to 1,759.57. Actual spot rates for all routes rose 40% over the week, not futures contracts.
The actual Container Shanghai freight index rose 40% over the week. These are actual spot rates for all routes, not futures contracts. $ZIM $MAERSK https://t.co/mbJ0bUD3FZ
⚡The Shanghai Export Containerized Freight Index jumped by 40.2% w/w to 1,759.57 on December 29. #China #Shipping #freight $SCFIS #RedSEA https://t.co/SqXTMj6SiR
Container Freight futures now down 11%… https://t.co/qc2Bbf9MO2
⚡The most-traded INE Containerized Freight Index (Europe Service) futures contract extends fall to 11%. #China #Shipping https://t.co/vpMecGNg28
Container freight index futures up again at +2%. https://t.co/7me8VqDgNa
⚡China Containerized Freight Index (Europe Service) futures open up over 2% to 1,746 after INE raises trading margin ratios and limits. #China #shipping #RedSea Base metals are up. #Aluminum and #tin +1.8%, #copper +0.8%, #zinc +0.7%, #nickel +0.55%. #IronOre rises 0.4% to 983… https://t.co/7M5cyY8HDA
#China’s #shipping index futures continue to rally, The with most-traded Containerized Freight Index (Europe Service) futures contract, surging by daily limit of 20%, bringing 8-day gains to nearly 95%. https://t.co/haGgRmRP6L https://t.co/uFzfhKpytS https://t.co/28AZAruNMS
⚡INE Containerized Freight Index (Europe Service) futures extending a rally to 20%, scoring up-limit in a two-day streak. The major contract has surged by 90% since December 15. #China #RedSea #shipping https://t.co/47Zi3NT7Mt https://t.co/w5mMJdF9fA
Opening of Container freight futures … up another 16%. https://t.co/assQHLEAqe
Another strong opening for the Containerized Freight Index Futures (Europe Service), up ~16%, and has now doubled since Dec 1…. https://t.co/CKnQlfwzpO
Containerized Freight Index futs Jump 16% in early trade We are so back https://t.co/02njfUViNY https://t.co/j5zppNoVUp
Well look at this … Container freight futures limit up 17%. https://t.co/QTbLf27J4h
Roller coaster in containerland continues: Containerized Freight Futures (Europe Service) contract rallies to 17%, hitting the up limit…
The main INE Containerized Freight Index (Europe Service) contract extends its rally to 17%, hitting the up limit. #China #RedSea #Shipping https://t.co/rpg92SDP6p
⚡The Shanghai Export Containerized Freight Index based on Settled Rates (Europe Route) jumped by 21.7% to 1,204.81 on December 25. #China #Shipping #freight $SCFIS #RedSEA https://t.co/qXDUrQf5Pp https://t.co/XF00tYVxgw
🔴 SHANGHAI INTERNATIONAL ENERGY EXCHANGE ADJUSTS MARGIN RATIO AND TRADING LIMIT FOR CERTAIN EUROPEAN LINE FUTURES CONTRACTS ON CONTAINER SHIPPING INDEX FROM DEC 25: SHANGHAI FUTURES EXCHANGE
⚡The most-traded Shanghai Containerized Freight Index (Europe Service) Futures extended fall to 10% on Monday. Some other contracts are slow at down limits. #China #Shipping #RedSea https://t.co/4faf4ntxYu https://t.co/zRlBm3eOU2
Freight rates on Shanghai to Rotterdam increased by 16% to $1,667 per feu this week, followed by rates on Shanghai to Genoa up by 15% to $1,956 per 40ft container https://t.co/rWD9NYLsZP