The CoFIF container freight futures closed mixed at the end of its 2nd trading
week on 1 September with short dated contracts holding relatively better than
the longer dated contracts, after taking a dip on 28 Aug.
The North Europe EC2408 contract remain in contango at 1,010 relative to the
SCFIS spot level of 975 last week, and the latest SCFIS reading of 897 as at 4
September. Although average trading volume dropped 30% WoW to $1.3bn, it remains
highly liquid compared to other container freig