Shanghai Container Freight Index at end of 2026: Will Shanghai Containerized Freight Index composite index for the final publication designated for calendar year 2026 be below 1,500?

If the Shanghai Containerized Freight Index composite index for the final publication designated for calendar year 2026 is below 1,500, then the market resolves to Yes. The Underlying is the composite Shanghai Containerized Freight Index (SCFI), published by the Shanghai Shipping Exchange. For purposes of this market, the applicable value is the composite SCFI value contained in the final publication designated for calendar year 2026. The Shanghai Shipping Exchange currently schedules the final 2026 SCFI publication for December 25, 2026. The first qualifying value published by a Source Agency will be used. Later revisions or corrections published after settlement will not be considered. All "between" ranges are inclusive of their upper and lower bounds. If the Shanghai Shipping Exchange formally changes the date of the final SCFI publication for 2026, the publication officially designated as the final 2026 publication will control.