In April, the SCFI began to zigzag higher, reaching a still unsustainably low of 750 at the end of June, up 80% from the March low, before it plunged, jumped, dropped, and jumped again in its volatile spot-prices manner.
During the first two complete reporting weeks since the Hanjin collapse, the index has barely budged and is now at 794. It remains 28% lower than it had been in February 2015 !!