EC contracts dropped 15-17% during the morning session on the first trading day after the Golden Week holidays, influenced by the SCFIS report from the previous night and movements in the Chinese equities market. Carriers' on-line FAK freight rates quotations released today, compared to the same from last working day (30 Sep) before Golden Week, mostly remain lower. Hapag Lloyd and ONE raised their quotations since 30 Sep, which however  have not been followed by Maersk and MSC. Lunar New Year