Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-06-09 08:46Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - Monday saw most prices of the Container Shipping Index (Europe Line) futures decline, with the main contract EC2508 closing down 2.55% and far - month contracts falling between - 1% and - 1%. Although shipping companies' price hikes on the Asia - Europe route provided slight support, the negative impact of tariff increases remained unimproved [1]. - The latest SCFIS European line settlement freight rate index rebounded by 369.99 points from last week, a 29.5% increase. The US tariff increase and the Fed's "Beige Book" indicated a weakening US economy, and the European demand was still weak despite a slight PMI recovery [1]. - The European Central Bank cut the deposit mechanism interest rate by 25 basis points to 2%, the 7th consecutive cut. Sino - US trade frictions and potential US trade strikes on Europe increased the uncertainty of euro - zone growth, and the euro may weaken in the medium - to - long term [1]. - Amid trade war uncertainties and the escalation of the Russia - Ukraine conflict, the demand for the Container Shipping Index (Europe Line) was expected to cool, with large price fluctuations. However, the rapid recovery of spot - end price indicators might drive the futures price up in the short term. Investors were advised to be cautious and track relevant data [1]. 3. Summary by Relevant Catalogs 3.1 Futures Market Data - EC main contract closing price: 2065.600, down 1343.7 (- 54.1); EC sub - main contract closing price: down 7.70 [1]. - EC2508 - EC2510 spread: down 10.60; EC2508 - EC2512 spread: 544.90, down 13.40 from 721.90 [1]. - EC contract basis: - 442.79, up 366.89 [1]. - EC main contract open interest: 44127, down 2100 [1]. 3.2 Spot Market Data - SCFIS (Europe Line) (weekly): 1622.81, up 369.99; SCFIS (US West Coast Line) (weekly): 2185.08, up 466.94 [1]. - SCFI (composite index) (weekly): 2240.35, up 167.64; container ship capacity: 1227.97 (in ten thousand TEUs), down 0.08 [1]. - CCFI (composite index) (weekly): 1154.98, up 37.37; CCFI (Europe Line) (weekly): 1397.02, up 21.40 [1]. - Baltic Dry Index (daily): 1633.00, down 7.00; Panama Freight Index (daily): 1246.00, down 35.00 [1]. - Average charter price (Panamax ship): 8988.00, up 295.00; average charter price (Capesize ship): 26810.00, up 3533.00 [1]. 3.3 Industry News - US political disputes: California Governor Gavin Newsom and Los Angeles Mayor Karen Bass criticized Trump's decision to deploy 2000 National Guard troops in Los Angeles, which led to an escalation of chaos [1]. - Los Angeles Port: About half of the dock workers at the Los Angeles Port had no work from late May to early June. The port's freight volume in May was about 25% lower than expected [1]. - China's rare - earth export control: China, as a responsible major country, reviews rare - earth export license applications in accordance with laws and regulations, has approved a certain number of compliant applications, and will strengthen the approval work. It is willing to communicate with relevant countries on export control [1]. 3.4 Key Data to Watch - June 10, 14:00: UK May unemployment rate - June 10, 16:30: Euro - zone June Sentix investor confidence index - June 10, 16:30: US May NFIB small business confidence index [1]