Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-06-12 09:44Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - The prices of the container shipping index (European line) futures showed mixed trends on Thursday. The main contract EC2508 closed down 1.74%, while the far - month contracts rose between 1% - 3%. The announced price increase of shipping rates on the Asia - Europe route by major shipping companies provided slight support to the futures prices, but the negative impact of additional tariffs remained unimproved. - The latest SCFIS European line settlement freight rate index rebounded by 369.99 points from last week, a 29.5% increase. - The uncertainty of the trade war persists, and the escalation of the Russia - Ukraine conflict has cooled the demand expectation for the container shipping index (European line), leading to large fluctuations in futures prices. However, the rapid recovery of spot - end price indicators may drive the futures prices to rise in the short term. - The long - term improvement of the trade war remains to be observed. 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 Related Catalogs Market Data - Futures Prices: EC main contract closed at 1984.700, down 35.2; EC sub - main contract closed at 1380.5, up 8.2. The spreads of EC2508 - EC2510 and EC2508 - EC2512 decreased by 26.20 and 63.50 respectively. The EC contract basis increased by 16.80, and the main contract's open interest increased by 409 to 45012 hands [1]. - Spot and Indexes: SCFIS (European line) reached 1622.81, up 369.99; SCFIS (US West line) was 2185.08, up 466.94. SCFI (composite index) was 2240.35, up 167.64. CCFI (composite index) was 1154.98, up 37.37; CCFI (European line) was 1397.02, up 21.40. The Baltic Dry Index was 1738.00, down 58.00; the Panamax Freight Index was 1337.00, down 37.00. Container ship capacity was 1227.97 (in ten thousand TEUs), down 0.01 [1]. - Charter Rates: The average charter price of Panamax ships was 10588.00, up 507.00; the average charter price of Capesize ships was 22882.00, down 913.00 [1]. Industry News - From June 9th to 10th, the first meeting of the China - US economic and trade consultation mechanism was held in London. Both sides had in - depth discussions, reached a principled agreement on the measures framework for implementing the important consensus of the leaders' phone call on June 5th and consolidating the results of the Geneva economic and trade talks, and made new progress in addressing each other's economic and trade concerns. The US side said the meeting achieved positive results and would work with China to implement the consensus [1]. - The latest US inflation data remained moderate. In May, CPI increased 2.4% year - on - year and 0.1% month - on - month. Core CPI (excluding food and energy) increased 2.8% year - on - year and 0.1% month - on - month, both lower than expected. After the CPI data was released, US President Trump called on the Fed to cut interest rates by one percentage point [1]. Key Data to Watch - Germany's May CPI monthly rate final value on June 13th at 14:00. - France's May CPI monthly rate final value on June 13th at 14:45. - US June one - year inflation rate expectation preliminary value on June 13th at 22:00. - US June University of Michigan consumer confidence index preliminary value on June 13th at 22:00 [1].