Why did the European shipping route rise strongly?

Recently, the European futures prices have shown strong upward momentum. Market analysis suggests that the price support and implementation status of major airlines need to be closely monitored. Please see the details below.

Golden10 DataOct 21 10:43

European freight rates soar and plummet! A comprehensive analysis of the logic behind the fluctuations and two key points of focus.

This week, the freight index (Europe route) experienced large fluctuations, with the European freight index 2412 contract dropping by 25.21% on October 8, approaching the limit down; rising by 13.76% on October 10; hitting the limit up on October 11, with an increase of 13.84%, closing at 2494.3 points.

Golden10 DataOct 12 11:01

Special Report: Marine transportation stocks as a whole are rebounding, with cosco shipping holdings announcing excellent performance, while Maersk and Hapag-Lloyd confirm they will continue to bypass the Cape of Good Hope.

Marine transportation stocks are collectively rebounding. As of the time of publication, cosco shipping holdings rose by 6.88% to HKD 12.12; sitc rose by 5.62% to HKD 20.3; ooil rose by 3.92% to HKD 106; cosco shipping development rose by 2.53% to HKD 8.93.

Zhitong FinanceOct 10 10:51

Express News | Baltic Dry Index falls to more than one-month low.

BreakingsOct 8 22:47

Why Oil and Gas Markets Are Dreading the Risk of Supply Disruption in the Strait of Hormuz

CNBCOct 8 13:20

After nearly half a century, there is a large-scale strike at the USA docks again. How will the freight rates on the USA routes develop?

①On the early morning of October 1st local time in the usa, ILA officially announced a strike; ②The industry believes that changes in freight rates may be reflected after the holiday, but there are many uncertain factors, and it is still necessary to pay attention to the subsequent negotiations between labor and management and the situation of the supply chain.

cls.cnOct 1 16:31