Nanhua Futures(SH:603093) Jin Tou Wang·2025-05-12 06:17Group 1 - The core viewpoint indicates a significant increase in the shipping index (European route) futures, with the main contract reaching 1353.4 points, reflecting a rise of 7.07% [1] - The latest SCFIS European route settlement price index is reported at 1379.07, down by 50.32 points from the previous week, representing a decrease of 3.5% [2] - China's export to ASEAN in April saw a year-on-year increase of 20.8%, accelerating by 9.2 percentage points compared to the previous month, while exports to the EU grew by over 8% [2] Group 2 - According to Nanhua Futures, the macro sentiment's impact on futures prices is currently limited, with ongoing oversupply leading to a continued downward trend in European route shipping rates [3] - The latest SCFI European route freight index is reported at $1161 per TEU, reflecting a decrease of 3.25% [3] - Guangzhou Futures highlights the ongoing US-China trade talks in Geneva, with market expectations for potential tariff easing, although there remains pressure from ample shipping capacity [3]