New ConTex lost again

(14.8.15) The main characteristics of the second week of August was limited fixing activity and therefore the negative development of this summer season continues. The New ConTex Index declined this week by 8 points (-1,6%) and closed at 488 points, a level we last saw in March 2015. While on a long-term trend there is still hope for a good finish of this year, the index gains of spring slowly but steadily fades away in all segments. Apart from the 12 months 1100 TEU evaluation which remained stable this week, nearly all other segments continued their downward trend. Within this week the biggest decrease has been noticed in the 3500 TEU group basis the 12-month evaluation with a loss of -2,8% (-$344). Compared to other segments the 4250 TEU group proceeds its steady trend, apart from a minor drop of around -1% this week.

 

 

(14.8.15) The main characteristics of the second week of August was limited fixing activity and therefore the negative development of this summer season continues. The New ConTex Index declined this week by 8 points (-1,6%) and closed at 488 points, a level we last saw in March 2015. While on a long-term trend there is still hope for a good finish of this year, the index gains of spring slowly but steadily fades away in all segments. Apart from the 12 months 1100 TEU evaluation which remained stable this week, nearly all other segments continued their downward trend. Within this week the biggest decrease has been noticed in the 3500 TEU group basis the 12-month evaluation with a loss of -2,8% (-$344). Compared to other segments the 4250 TEU group proceeds its steady trend, apart from a minor drop of around -1% this week.