Most of the Container Freight Index Futures, CoFIF, went limit down today on
news of the cease fire framework being within reach. But we only found such
story on Washington News. No other major news channels reported a ceasefire deal
being concluded.
190k contracts changed hands today, which the highest trading volume since mid
May. Though, no sign of liquidation in the market as open interests rose to
year-to-date high with position-building increasingly concentrated on the
contracts expiring