关注马士基6月第二周报价情况-20250527

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The main shipping companies have announced price increases in June, and it is necessary to pay attention to the final implementation of the price increases for the 06 contract and the game of the expected price increase for the 08 contract [2][4] - The 06 contract will gradually return to the "real" end trading as the delivery deadline approaches, and the prices of major shipping companies are gradually adjusting. Subsequently, other shipping companies will gradually revise their freight rates downwards to reduce the gap with Maersk's prices [4] - In August, which is the traditional peak season, there is still an expectation of price increases, and the game between expectation and reality for the 08 contract is intense. Recently, it is more recommended to conduct arbitrage operations [4] - In 2025, it is still a big year for the delivery of container ships. As of May 25, 2025, a total of 109 container ships have been delivered, with a total delivery capacity of 873,100 TEU [6] - The strategy suggests that the main contract fluctuates, and the arbitrage strategy is to go long on the 08 contract and short on the 10 contract [6] 3. Summary According to Relevant Catalogs 3.1 Futures Prices - As of May 26, 2025, the total open interest of all contracts of the container shipping index for European routes futures was 99,663 lots, and the single - day trading volume was 122,594 lots. The closing prices of EC2602, EC2604, EC2506, EC2508, EC2510, and EC2512 contracts were 1405.00, 1243.00, 1841.50, 2085.00, 1379.00, and 1568.00 respectively [5] 3.2 Spot Prices - On May 23, the SCFI (Shanghai - Europe route) price was 1317.00 US dollars/TEU, the SCFI (Shanghai - West Coast of the United States) price was 3275.00 US dollars/FEU, and the SCFI (Shanghai - East Coast of the United States) price was 4284.00 US dollars/FEU [5] - On May 26, the SCFIS (Shanghai - Europe) was 1247.05 points, and the SCFIS (Shanghai - West Coast of the United States) was 1719.79 points [5] 3.3 Container Ship Capacity Supply - In 2025, it is a big year for the delivery of container ships. As of May 25, 2025, 109 container ships have been delivered, with a total delivery capacity of 873,100 TEU. Among them, 34 ships with a capacity of 12,000 - 16,999 TEU have been delivered, with a total capacity of 513,200 TEU; 4 ships with a capacity of over 17,000 TEU have been delivered, with a total capacity of 94,864 TEU [6] - In June, the shipping capacity on the European route remains at a relatively high level, and the shipping capacity on the Shanghai - East and West Coasts of the United States route has increased significantly month - on - month. The average weekly shipping capacity on the Shanghai - European route in June is about 280,000 TEU, and the shipping capacity in weeks 23/24/25/26/27 is 285,700/275,000/319,000/243,000 TEU respectively, an increase of more than 20% compared with the same period last year. The average weekly shipping capacity in July is 261,000 TEU [2] - The average weekly shipping capacity on the Shanghai - East and West Coasts of the United States route in June is 328,000 TEU, 243,400 TEU in May, and 295,000 TEU in July. The shipping capacity on the Shanghai - East and West Coasts of the United States route has recovered rapidly in June [2] 3.4 Supply Chain No specific analysis content is provided in the given text, only the catalog of supply - chain - related figures is listed. 3.5 Demand and European Economy No specific analysis content is provided in the given text, only the catalog of demand and European - economy - related figures is listed.