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June has been earmarked by some as the time when container markets have finally come under genuine pressure, with the FBX Global Average dropping down -8.63% since the start of the month. The big driver for forward market prices was supposed to be linked to the reopening of Shanghai, a price bump that has failed ...
Over the last few days, U.S. port congestion numbers have remained low after record highs were observed at the start of the year. However, these improvements could be temporary.
What will happen next year, next month, next week? Rarely has the future direction of markets been as unknowable as it is today, so why take all the risk if you don’t have to? Players in commodity and securities markets have long used derivatives to curb downside risk and hedge multimillion-dollar positions. But in container ...
The big news for all of those following the container freight futures market is that cleared container freight futures will be listed on CME from 28 February 2022. This will enable companies, to hedge the extraordinarily volatile container freight rates prevalent since Q2 2020 The big news for all of those following the container freight ...
Pushing through October we saw what was fairly predictable levels of volatility crossing through Golden Week (seeing the FBX01 route come off by $3,029 and immediately recovering $628) and fresh congestion into the US West Coast on the back of a rush of cargo, bringing the total ships at anchor at LA/Long Beach ports beyond ...