AJOT | August 19, 2019
Spreads widen for China- Europe August contracts at 2.48/2.52, losing 1 cent in value for the month down to 2.50 USD/KG, versus a rebounding spot rate of 2.44 (up by 2.10% over last weeks slump).
'Airfreight routes (AGRs)' provide us with tradeable routes in conjunction with baskets, by maximising volumes along regional tradelanes. AGRs calculate the average of several correlating arrival points noted by their airport codes
