CoFIF's (Containerized Freight Index Futures) closed the first full week of
trading mostly up despite of bad Euro zone PMI print that came out a day ago and
the 6% WoW drop in spot SCFIS on Monday.
The SCFI, which usually leads all freight rates indices in container shipping
sector, came out at 3pm today down for second week in a row after showing some
strength in mid August.
While EC2404 (Apr 2024 contracts) are down 6% WoW and EC2406 (Jun 2024
contracts) are flat WoW, other three contracts