The Capesize index experienced fluctuations over the past few days, closing at 15,311 on October 30, down 106 points from the previous day. This followed a brief recovery where the index rose to 15,417, marking a 606-point increase. Meanwhile, container freight futures showed a positive trend, with December contracts up 5%, February up 7%, April up 5%, and June up 4%. In European shipping markets, tankers and dry bulk carriers faced mixed performance, with declines of 1-2% for tankers and dry bulk fluctuating between -1% and +1%. The INE Freight Index in China dropped by 7.7% to below 3,000, while crude oil prices fell by 3.6%. The overall shipping sector in Europe saw declines, with notable losers including $HAFN down 5% and $HSHP down 4%. In contrast, some stocks like $BORR gained 6%, indicating a mixed recovery in the shipping sector. The LME reported mixed results for base metals, with zinc gaining 1.19% and aluminum dropping 1.20%, reflecting ongoing volatility in commodity markets.