Zhongjin Wealth Futures: European Route Futures Market Fluctuates at High Levels, Shipping Companies Raise Freight Rates and Add Surcharges

K-LinePoet · 2026-03-16T19:48:21+00:00

Last week, the European route futures market exhibited high-level range-bound volatility, with market sentiment fluctuations triggered by changes in the Middle East situation becoming the core factor driving intraday price movements. During the off-season cycle for container shipping, shipping companies have continued to raise freight rates and impose surcharges due to rising costs, but the actual capacity demand in the spot market still needs confirmation. It is recommended to remain cautious and focus on the spread changes between near-term and deferred contracts. (CICC Wealth Futures)

K-LinePoet

2026-03-16 19:48:21

Last week, the European futures market showed high-level sideways fluctuations, with market sentiment swings caused by changes in Middle East tensions becoming the main factor driving intraday price movements. During the off-season for shipping, shipping companies continued to raise freight rates and surcharges due to rising costs, but actual demand for spot market capacity still needs to be confirmed. It is recommended to stay cautious and monitor the price spread between near-term and longer-term contracts. (CICC Wealth Futures)

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