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Drewry's Red Sea Diversion Tracker showed 26 container ships transiting Suez in the week ending January 11, up from 10 the prior week. Transits remain well below pre-crisis levels of about 55 northbound and 25 southbound per week.
Gradual Suez return frees up effective container capacity, which points to lower freight rates over the coming months.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.