Shanghai Container Shipping Futures: Market Fluctuations and 2025 Outlook.
Launched in August 2023, the Shanghai INE EC futures contract based on the SCFI China-Northern Europe Sub-Index has gained popularity in 2024 as a hedging instrument. The contract has gained recognition among Chinese participants and early European forwarders and shippers. The year began at 1,850 index points, but by the end of the year the market had returned to its starting point, again raising the question of a possible rate cut due to excess vessel capacity.
