加沙停火协议具反复性 集运期价随资金博弈波动

Core Viewpoint - The domestic futures market shows a mixed performance, with the shipping index (European route) experiencing fluctuations and a downward trend, indicating a cautious outlook for future operations in the shipping industry [1][2]. Group 1: Market Performance - The shipping index (European route) futures opened at 1860.0 points, with a maximum of 1878.0 points and a minimum of 1765.0 points, reflecting a decline of approximately 2.62% [1]. - The SCFI European route index was reported at $1246/TEU, an increase of 8.8% compared to the previous period [2]. Group 2: Economic and Geopolitical Factors - There is a preliminary consensus between China and the U.S. on resolving several important economic and trade issues, which may provide marginal support to the shipping index [2]. - Geopolitical tensions, particularly the conflict in Gaza, continue to impact market sentiment, with ongoing volatility in ceasefire agreements [2][3]. Group 3: Shipping Rates and Market Sentiment - Major shipping companies are adjusting their November pricing, with CMA increasing rates by $400 for large containers, while HMM reported a decrease of $400 for similar containers [2]. - The shipping market is heavily influenced by news, with expectations of price increases from major shipping lines as the peak shipping season approaches [3]. - Despite some positive signals from major shipping companies regarding pricing, there remains caution in the market due to limited capacity control and ongoing geopolitical uncertainties [3].