国投期货期权日报-20250429

Report Summary 1) Report Industry Investment Rating No investment rating information is provided in the given content. 2) Core Viewpoints of the Report - The spot freight rate in the container shipping (European line) market is expected to remain weak, but the downward slope may slow down due to cost support and traditional peak - season cargo volume [1]. - The export volume of Chinese goods to Europe on the demand side remains stable, and the traditional restocking demand is expected to drive the shipment volume to improve month - on - month from the second half of May [1]. - The planned shipping capacity in late May will rise to 280,000 - 300,000 TEU/week, which is not enough to trigger a full - container situation [1]. - The 06 contract is under the dual pressure of "weak reality" and "weak expectation" and may continue to fluctuate weakly in the short term; the 08 contract involves the game of the expectation of improved tariff policies, but the uncertainty of policy change rhythm is high [1]. 3) Summary by Related Content a. Market Quotes - Maersk opened the cabin for W20 yesterday with a quote of $1450/FEU, the lowest in the current market, indicating poor confidence in the loading rate in early May [1]. - The SCFI European route freight rate was $1316/TEU on April 18, with a week - on - week decrease of 2.9%. From April 23 - 28, the TCI was $1440.6/TEU on April 23 - 27 and dropped to $1406.9/TEU on April 28, with a day - on - day decrease of 2.3%. The freight rate from Tianjin to European base ports was $2225.0/FEU on April 28, with a day - on - day decrease of 2.5% [2]. b. Shipping Company Quotes - Different shipping companies have different quotes and price changes for different time periods (April 28 - May 18). For example, Maersk's quotes for 20GP and 40GP vary in different weeks, and some shipping companies' quotes have decreased compared to the previous day [2].