Consolidated European line contracts are almost entirely closed, what is the reason?

Gold Ten Futures October 11th news, yesterday, the container shipping European line contract was red across the board, and the contract in recent months rose by the limit. Today, except for the 10 contract, the rest of the container shipping European line contracts were closed. Mainly caused by the following two aspects. First, some airlines announced an increase in shipping prices in November, and CMA CGM Shipping issued the news of the suspension, which brought the market expectations of stable prices in November. Second, influenced by geopolitics, some airlines announced that they would continue to detour the Cape of Good Hope in 2025. Overall, the suspension and price increase are good for the contract price in the short term, and bring upward momentum, but at that time < b > whether the volume of goods can improve can really determine whether the increased freight can be implemented , and the follow-up trend is uncertain. And in October, the spot still shows a downward trend. In mid-to-late October, the large container freight rates of some airlines have fallen below $3,000, and the freight hub has been further reduced. At present, the supply of goods is still weak. The contract price still has the risk of falling back. In the future, there is a high possibility of sideways fluctuations on the disk, and it is recommended to reduce the position appropriately.