Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-06-04 09:42Report Summary 1. Investment Rating - No investment rating is provided in the report. 2. Core View - On Wednesday, the futures prices of the Container Shipping Index (Europe Line) rose collectively. The main contract EC2508 closed up 6.86%, and the other contracts closed up between 2 - 5%. The price increases announced by shipping companies slightly supported the futures prices. However, due to the uncertainty of the trade war and the escalation of the Russia - Ukraine conflict, the demand expectation for the Container Shipping Index (Europe Line) has turned cold, and the futures prices have large fluctuations. Investors are advised to be cautious, pay attention to the operation rhythm and risk control, and track geopolitical, shipping capacity, and cargo volume data in a timely manner [1]. 3. Summary by Relevant Catalogs Futures Market Data - EC main contract closing price: 2199.100, up 141.1; EC second - main contract closing price: 1383, up 49.4. - EC2508 - EC2510 spread: 816.10, up 54.9; EC2508 - EC2512 spread: 629.00, up 68.1. - EC contract basis: - 93.13, down - 946.28. - EC main contract open interest: 47961, up 2192 [1]. Spot Market Data - SCFIS (Europe Line) (weekly): 1252.82, up 5.77; SCFIS (US West Coast Line) (weekly): 1718.11, down 1.68. - SCFI (Comprehensive Index) (weekly): 2072.71, up 486.59; Container ship capacity (10,000 TEUs): 1227.97, up 0.03. - CCFI (Comprehensive Index) (weekly): 1117.61, up 10.21; CCFI (Europe Line) (weekly): 1375.62, down 16.99. - Baltic Dry Index (daily): 1430.00, down 8.00; Panamax Freight Index (daily): 1108.00, down 1.00. - Average charter price (Panamax ship): 9473.00, up 810.00; Average charter price (Cape - size ship): 17127.00, down 2637.00 [1]. Industry News - The US accused China of violating the Geneva talks consensus, but China firmly opposes this and has made solemn representations. - US President Trump announced to raise the tariffs on imported steel, aluminum, and their derivatives from 25% to 50% starting from June 4, 2025, except for those imported from the UK which remain at 25%. - The OECD lowered the economic growth forecasts for the US and the world. The US growth rate in 2025 is lowered from 2.2% to 1.6%, and is expected to be 1.5% in 2026. The global growth forecast for 2025 is lowered to 2.9%, and inflation rises to 3.2%, with the US possibly approaching 4%. The Fed may keep interest rates unchanged this year, and trade barriers and policy risks will significantly affect the growth prospects [1]. Key Data to Focus On - June 5, 17:00: Eurozone PPI monthly rate for April. - June 5, 20:15: Eurozone ECB deposit facility rate as of June 5. - June 5, 20:30: US initial jobless claims for the week ending May 31 (in 10,000 people). - June 5, 20:30: US trade balance for April (in 100 million US dollars) [1].