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CMA CGM published freight all-in (FAK) rates for shipments from East Mediterranean ports to Gulf and Red Sea destinations. The notice contains no further detail on rate levels or changes.
Container rate changes on Mediterranean to Gulf lanes have little direct effect on feed commodity bulk flows, so the price implication is minimal.
ajot.comAJOTApr 18, 2018Not 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.
