The commodities market experienced varied movements as of December 2, 2024, with key indices reflecting fluctuations in freight and commodity prices. China's Freight Index opened 3.1% higher, while crude oil prices decreased by 0.6%. Notably, tin rose by 2.2%, zinc by 1.7%, aluminum by 0.6%, and silver by 0.3%. Conversely, nickel saw a decline of 0.9%, and gold fell by 0.4%. In container freight futures, there was a strong session with December futures up 2%, February up 8%, April up 7%, June up 9%, and August up 9%. The Shanghai Export Containerized Freight Index dropped 1.2% week-over-week to 2,828.63. ZIM Integrated Shipping Services emerged as a significant player, with its stock increasing by 10% on December 2, trading ex-dividend and reaching a volume of 1.8 million shares shortly after market opening. The broader shipping equities faced challenges, with the tanker basket down approximately 2%. Overall, the shipping sector is experiencing mixed performance, with some stocks showing resilience amidst broader market fluctuations.