集装箱运输市场日报：商品情绪影响，马士基新一周报价下跌-20250722

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - Today, the prices of each monthly contract of the Container Shipping Index (European Line) futures showed an overall oscillatory downward trend. Affected by commodity sentiment, there was a callback during the session, followed by a further decline. As of the close, the prices of all EC contracts dropped. The futures price is expected to continue to oscillate and slightly decline, but attention should be paid to sudden factors such as the actions of other shipping companies and changes in the spot cabin quotes on the European line, as well as the possibility of a rebound when the futures price reaches a low level [2]. 3. Summary by Related Catalogs 3.1 EC Risk Management Strategy Recommendation - Position Management: For those who have already obtained positions but have full capacity or poor booking volumes, and are worried about falling freight rates, they can short the container shipping index futures to lock in profits. The recommended entry range for selling the EC2510 contract is 1800 - 1900 [1]. - Cost Management: When shipping companies increase blank sailings or the market is about to enter the peak season, to prevent rising freight rates from increasing transportation costs, they can buy the container shipping index futures to determine the booking cost in advance. The recommended entry range for buying the EC2510 contract is 1350 - 1450 [1]. 3.2 Market Analysis - Futures Market: The EC2510 contract saw an increase of 1029 long positions to 26,261 and an increase of 845 short positions to 31,963. The trading volume decreased by 2955 lots to 79,201 lots (bilateral). The futures price is expected to decline due to the lack of mainstream shipping companies following Maersk's PSS collection and Maersk's lower cabin quotes in the first week of August [2]. - Spot Market: Maersk's cabin quotes for the European line in the new week decreased significantly compared to the previous week, while Evergreen's spot cabin quotes for the European line in mid - early August showed a slight increase [3][7]. - Geopolitical Factor: The joint statement by 25 countries including the UK and France to promote the end of the Gaza war is beneficial for the decline of geopolitical risks, which also contributes to the decline of the futures price [2][3]. 3.3 Data Monitoring - EC Basis: On July 22, 2025, the basis of EC2508 was 108.60 points, with a daily decrease of 26.00 points and a weekly decrease of 286.14 points; the basis of EC2510 was 807.80 points, with a daily increase of 20.30 points and a weekly decrease of 173.44 points [4]. - EC Price and Spread: On July 22, 2025, the closing price of EC2508 was 2291.9 points, with a daily increase of 1.15% and a weekly increase of 13.06%; the closing price of EC2510 was 1592.7 points, with a daily decrease of 1.26% and a weekly increase of 10.55% [5]. - Global Freight Index: The SCFIS for the European line decreased by 0.89% to 2400.5 points; the SCFIS for the US West line increased by 2.78% to 1301.81 points; the SCFI for the European line decreased by 0.95% to 2079 dollars/TEU; the SCFI for the US West line decreased by 2.37% to 2142 dollars/FEU [8]. - Container Shipping Spot Quotes: On July 31, Maersk's 20GP total quote for the Shanghai - Rotterdam route increased by $10 to $1895, and the 40GP total quote increased by $20 to $3190. On August 7, the 20GP opening quote decreased by $105 to $1740, and the 40GP total quote decreased by $170 to $2900. In mid - early August, Evergreen's 20GP total quote for the Shanghai - Rotterdam route increased by $100 to $2455, and the 40GP total quote increased by $200 to $3760 [7]. - Global Major Port Waiting Time: On July 21, 2025, the waiting time at Hong Kong Port increased by 0.453 days to 0.743 days; at Shanghai Port, it increased by 0.316 days to 1.754 days; at Yantian Port, it decreased by 0.299 days to 0.351 days; at Singapore Port, it increased by 0.958 days to 1.833 days; at Jakarta Port, it increased by 0.237 days to 1.782 days; at Long Beach Port, it decreased by 0.247 days to 1.709 days; at Savannah Port, it increased by 0.032 days to 1.586 days [15]. - Ship Speed and Waiting Ships in Suez Canal Port Anchorage: On July 21, 2025, the average speed of 8000 + container ships was 15.9 knots, an increase of 0.127 knots compared to the previous day; the average speed of 3000 + container ships was 14.856 knots, an increase of 0.09 knots; the average speed of 1000 + container ships was 13.134 knots, an increase of 0.132 knots. The number of ships waiting in the Suez Canal port anchorage increased by 9 to 30 [23][24].