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.
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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.
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