建信期货集运指数日报-20250528

1. Report Overview - Report Title: "Container Shipping Index Daily Report" [1] - Date: May 28, 2025 [2] - Research Team: Macro Financial Team [4] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] 2. Core Viewpoints - Spot prices changed little, and the index decline may be due to the cooling of the rush - shipping expectation on the US route. Shipping companies have a willingness to support prices in June. The Maersk's online large - container quote on the European route exceeded market expectations, while most other shipping companies' quotes remained stable. The US line trade data declined, but the export peak - season rush shipping may not be falsified due to the time - lag effect of the Sino - US trade friction easing on May 12. The June contract should follow the delivery logic, and if the price increase is verified, it may have a small upward space. The far - month 08 and 10 contracts are mainly affected by the expectation of the US route rush shipping, and their price centers may rise if the June price is strong [8]. 3. Section Summaries 3.1行情回顾与操作建议 (Market Review and Operation Suggestions) - Spot prices were stable, and the index decline was related to the US route. Shipping companies' price - support intention in June was obvious. The 6 - month contract was based on delivery logic, and the far - month contracts were influenced by the US route rush - shipping expectation [8]. 3.2行业要闻 (Industry News) - From May 19th to 23rd, the China export container shipping market improved, with most long - haul routes' freight rates rising. In April, the industrial added - value of large - scale industries increased by 6.1% year - on - year. On May 23rd, the Shanghai Export Containerized Freight Index rose by 7.2%. In the European route, the eurozone's economic recovery faced challenges, but the freight rate increased by 14.1%. The Mediterranean route's freight rate rose by 11.8%. The North American route was supported by Sino - US cooperation, and the freight rates to the US West and East increased by 6.0% and 5.3% respectively. The SCFI index rose for three consecutive weeks. Shipping companies planned to increase freight rates on the US and European routes in June. The EU's new policy on personal direct - mail parcels may impact the European small - package market [9][10]. 3.3数据概览 (Data Overview) 3.3.1集运现货价格 (Container Shipping Spot Prices) - From May 19th to May 26th, the SCFIS for the European route (basic ports) decreased by 1.4%, while that for the US West route (basic ports) increased by 18.9% [12]. 3.3.2集运指数（欧线）期货行情 (Container Shipping Index (European Route) Futures Quotes) - Provided the trading data of EC2506, EC2508, EC2510, EC2512, EC2602, and EC2604 contracts on May 27th, including opening price, closing price, settlement price, price change, and trading volume [6]. 3.3.3航运相关数据走势图 (Shipping - related Data Charts) - Included charts of Shanghai Export Containerized Freight Index, container shipping futures contracts, global container capacity, container ship orders, and shipping freight rates [13][16][17][21]