集运早报-20250716

Report Overview - No report industry investment rating is provided [1] - The core view is to present the latest data and trends of European line shipping, including EC futures contract prices, spot prices, freight indices, and capacity arrangements, as well as recent news and downstream booking information [1][2][3] EC Futures Contracts - EC2508 closed at 2126.0 with a 4.87% increase, trading volume of 30362, and a decrease of 6336 in open interest [1] - EC2510 closed at 1655.6 with a 14.92% increase, trading volume of 107782, and an increase of 13685 in open interest [1] - EC2512 closed at 1836.0 with a 16.17% increase, trading volume of 13026, and an increase of 1056 in open interest [1] - EC2602 closed at 1516.4 with a 9.40% increase, trading volume of 2983, and a decrease of 140 in open interest [1] - EC2604 closed at 1319.0 with an 8.24% increase, trading volume of 4507, and a decrease of 300 in open interest [1] - EC2606 closed at 1456.8 with a 5.40% increase, trading volume of 475, and an increase of 66 in open interest [1] - The spread between EC2508 and EC2510 was 470.4, a decrease of 116.1 compared to the previous day [1] - The spread between EC2510 and EC2512 was -180.4, a decrease of 40.6 compared to the previous day [1] - The spread between EC2512 and EC2602 was 319.6, an increase of 125.2 compared to the previous day [1] Spot Prices and Freight Indices - The spot price on July 14 was 2421.94 yuan, a 7.26% increase from the previous period [1] - The SCFI on July 11 was 2099 dollars/TEU, a 0.10% decrease from the previous period [1] - The CCFI on July 11 was 1726.41 points, a 1.90% increase from the previous period [1] - The NCFI on July 11 was 1435.21 yuan, a 0.50% decrease from the previous period [1] - The TCI on July 11 was 1019.55 yuan, unchanged from the previous period [1] Capacity Arrangements - The average weekly capacity in July and August 2025 is 295,000 and 322,300 TEU respectively [1] - According to market rumors, the average weekly capacity in August will be reduced to 310,000 TEU, with capacities of 311,000, 314,000, 310,000, and 294,000 TEU from week 31 to 35, and the overall pressure remains high [1] Recent European Line Quotations - Downstream customers are booking space for the second half of July (week 29 - 30) [2] - Shipping company quotes in the second half of July are mainly stable, with week 29 at around 3400 dollars [2] - Shipping companies slightly reduced quotes for the last week of July (week 30), with HPL, CMA, OOCL, and MSC reducing by about 200 dollars, and the average at 3300 dollars (equivalent to 2300 points) [2] - MSK quoted flat for week 31 at 2900 - 3000 dollars [3] Related News - On July 15, Israel submitted a third version of the Israeli army's withdrawal plan from Gaza to the mediators [3] - On July 16, the Yemeni Houthi armed forces launched "synchronized attacks" on two Israeli targets [3] - On July 16, the Israeli army issued an evacuation order to a northern Gaza town, stating that the battle was advancing towards the city center [3]