The settlement price for EC2412 ended higher than expected with the last 2024
SCFIS assessment on 30 December coming in 4.4% higher than a week before,
bringing the final settlement to 3,445 which was 1.5% above the closing price of
3,396. Despite the stronger finish in December, EC futures for 2025 traded lower
over the past week, with the main contract for EC2502 falling 13% week-over-week
on lower daily volumes.
Traders shrugged off the SCFI North Europe rebound on 27 December, as attention