EC opened 1-2% lower, with the main contract down 3.2% at the intermission of
the morning session, on slightly better volume than the same period yesterday,
when the main contract fell for the first time in two weeks.
The liners' online quotations have not changed much, although OOCL has revised
up its rates for several departure dates in October, reversing its move from
yesterday.
The lack of upward revisions for freight rates on departure dates before
November 1 suggests that demand is still