Just when the EC market wanted to take a pause today, HMM's quotation released
this afternoon (22 October) with $4,106 per 40'dc Shanghai-Rotterdam for
shipments departing on 5-6 November dropped the EC market. Every contracts
closed in red where EC2504 dropped 9.4% for the day.
Online quotations otherwise came out mostly bullish with CMA CGM and ONE
released their quotations for the second half of November departures at $5,060
per 40'dc and $4,704 per 40'dc respectively.
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