China’s shipping futures hit new record high after Houthi armed group attacked US, Israeli vessels
China’s shipping futures hit new record high after Houthi armed group attacked US, Israeli vessels

China’s shipping futures hit new record high after Houthi armed group attacked US, Israeli vessels

 

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China's shipping futures stage a strong rally after Yemen’s Iran-aligned Houthi armed group says it attacked US and Israeli vessels.

The most-traded contract of the Containerized Freight Index (Europe Service) Futures on the Shanghai International Energy Exchange, for June Delivery, jumped as much as 9.1% to hit a new record high of 2,999 at one point, before closing 8.5% at 2,981.4.

Yahya Saree, the . . .

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