SHFE's most active freight index (Europe route) futures up over 5%

SHFE's most active freight index (Europe route) futures up over 5%

The Shanghai Futures Exchange (SHFE) reported a significant increase in its most active freight index (Europe route) futures, with prices rising by over 5% in recent trading sessions. This upward trend is attributed to several factors, including supply chain disruptions and geopolitical tensions that have impacted energy markets.

According to Reuters, Russian energy giant Gazprom's natural gas exports to Europe via the TurkStream pipeline decreased by 2% in August 2025 compared to the previous month [1]. This decline, which followed a period of increased exports, suggests a potential shift in supply dynamics that may be influencing freight costs.

The total Russian gas supplies to Europe via TurkStream stood at around 11.5 billion cubic meters (bcm) in the first eight months of 2025, compared to 10.8 bcm during the same period in 2024 [1]. This data indicates a steady but gradual increase in gas exports, which could be contributing to the overall upward pressure on freight indices.

The decrease in Russian gas exports via TurkStream, coupled with geopolitical uncertainties and supply chain challenges, has likely created a more favorable environment for freight index futures. As energy prices remain volatile, investors and financial professionals are closely monitoring these developments to make informed decisions.

References:
[1] Reuters. (2025). Russian pipeline gas exports to Europe down 2% in August - data shows. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3UO0C7:0-russian-pipeline-gas-exports-to-europe-down-2-m-m-in-august-data-shows/