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An analyst warned that container freight rates could fall 30% next year if more ships return to the Red Sea and Suez Canal. The outlook also raises questions about demand and how long current spot rates can hold.
Shorter Red Sea–Suez voyages would increase effective shipping capacity and put downward pressure on ocean freight rates.
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.