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集装箱运输市场日报:期价至短期低位震荡-20250806

Report Industry Investment Rating No relevant content provided. Core View of the Report - Today, the futures prices of each contract of the Container Shipping Index (European Line) opened lower and fluctuated. By the close, except for a slight decline in the EC2508 contract, the prices of other monthly contracts rebounded slightly. The collective and continuous reduction of the spot cabin quotes for the European Line around mid - August by some mainstream shipping companies led to the lower opening of the futures prices. Then, some contracts rebounded as expected due to reaching short - term lows and being affected by the sentiment in the commodity market. For the future, the new weekly opening quotes of MSK have significantly declined again, and it is more likely that the EC will return to a fluctuating and slightly downward trend. In the medium term, without sudden event factors, the overall futures price trend may still be slightly downward [1]. Summary According to Related Catalogs EC Risk Management Strategy Suggestion - For position management, if one has already obtained positions but the shipping capacity is full or the booked cargo volume is poor, and there are concerns about a decline in freight rates, one can short the container shipping index futures to lock in profits. The recommended hedging tool is EC2510, with a selling suggestion and an entry range of 1500 - 1600 [1]. - For cost management, when shipping companies increase the frequency of blank sailings or the market is about to enter the peak season, and one hopes to book cabins according to order situations, one can buy the container shipping index futures at present to determine the cabin - booking cost in advance. The recommended hedging tool is EC2510, with a buying suggestion and an entry range of 1200 - 1300 [1]. Market News - According to Israeli media on August 4th, Israeli Prime Minister Netanyahu "tends to expand the Israeli military's military operations in the Gaza Strip and control the entire Gaza Strip", and the Israeli cabinet will hold a decision - making meeting on this on August 5th [2]. - Some mainstream shipping companies reduced the spot cabin quotes for the European Line around mid - August today, and MSK's new weekly quotes for the European Line spot cabins declined again [3]. EC Basis Daily Changes | Contract | Basis (points) | Daily Change (points) | Weekly Change (points) | | --- | --- | --- | --- | | EC2508 | 209.06 | 33.50 | 3.50 | | EC2510 | 884.86 | 8.80 | 28.30 | | EC2512 | 607.36 | - 13.30 | 25.80 | | EC2602 | 805.46 | - 22.20 | 10.20 | | EC2604 | 966.86 | - 15.90 | 20.30 | [4] EC Price and Spread | Contract | Closing Price (points) | Daily Change Rate | Weekly Change Rate | Spread Contract | Closing Price (points) | Daily Change | Weekly Change | | --- | --- | --- | --- | --- | --- | --- | --- | | EC2508 | 2088.8 | - 1.58% | - 1.05% | EC2508 - 2512 | 398.3 | - 46.8 | 22.3 | | EC2510 | 1413.0 | - 0.62% | - 3.22% | EC2512 - 2604 | 359.5 | - 2.6 | 1.0 | | EC2512 | 1690.5 | 0.79% | - 2.56% | EC2604 - 2508 | - 757.8 | 49.4 | 93.1 | | EC2602 | 1492.4 | 1.51% | - 1.90% | EC2508 - 2510 | 675.8 | - 46.8 | 24.8 | | EC2604 | 1331.0 | 1.21% | - 2.85% | EC2510 - 2512 | - 277.5 | - 22.1 | - 2.5 | | EC2606 | 1471.6 | 1.27% | - 2.21% | EC2512 - 2602 | 198.1 | - 8.9 | - 3.3 | [6] Container Shipping Spot Cabin Quotes (CY - CY, Shanghai - Rotterdam) - For Maersk in mid - to late August, the total quote for 20GP on August 14th was $1760, an increase of $5 compared to the previous period, and the total quote for 40GP was $2960, an increase of $10. On August 21st, the opening quote for 20GP was $1560, a decrease of $120 compared to the previous week, and the opening quote for 40GP was $2600, a decrease of $200 [8]. - For MSC in mid - to late August, the total quote for 20GP was $1820, a decrease of $180 compared to the previous period, and the total quote for 40GP was $3040, a decrease of $300 [8]. - For CMA CGM in early August, the total quote for 20GP was $1835, a decrease of $100 compared to the previous period, and the total quote for 40GP was $3245, a decrease of $200 [8]. - For Hapag - Lloyd in the past three weeks, the total quote for 20GP was $1735, a decrease of $100/200 compared to the previous period, and the total quote for 40GP was $2835, a decrease of $410/300 [8]. - For Evergreen in early August, the total quote for 20GP was $2355, a decrease of $50 compared to the previous period, and the total quote for 40GP was $3560, a decrease of $100. In mid - to late August, the total quote for 20GP was $2055, a decrease of $300 compared to the previous period, and the total quote for 40GP was $3160, a decrease of $400 [8][9]. Global Freight Rate Index | Index | Latest Value | Previous Value | Change | Change Rate | | --- | --- | --- | --- | --- | | SCFIS: European Line (points) | 2297.86 | 2316.56 | - 18.7 | - 0.81% | | SCFIS: US West Line (points) | 1130.12 | 1284.01 | - 153.89 | - 11.99% | | SCFI: European Line (USD/TEU) | 2051 | 2090 | - 39 | - 1.87% | | SCFI: US West Line (USD/FEU) | 2021 | 2067 | - 46 | - 2.23% | | XSI: European Line (USD/FEU) | 3395 | 3362 | 33 | 0.98% | | XSI: US West Line (USD/FEU) | 2135 | 2166 | - 31 | - 1.4% | | FBX Comprehensive Freight Rate Index (USD/FEU) | 2229 | 2302 | - 73 | - 3.17% | [9] Global Major Port Waiting Times | Port | August 4, 2025 | August 3, 2025 | Daily Change | Same Period Last Year | | --- | --- | --- | --- | --- | | Hong Kong Port | 0.218 | 0.241 | - 0.023 | 0.599 | | Shanghai Port | 1.384 | 1.463 | - 0.079 | 1.578 | | Yantian Port | 0.564 | 0.895 | - 0.331 | 0.741 | | Singapore Port | 0.826 | 0.393 | 0.433 | 0.555 | | Jakarta Port | 0.841 | 1.157 | - 0.316 | 0.775 | | Long Beach Port | 1.721 | 1.818 | - 0.097 | 2.180 | | Savannah Port | 1.802 | 1.144 | 0.658 | 0.718 | [16] Ship Speed and Number of Container Ships Waiting at Suez Canal Port Anchorage | Ship Type | August 4, 2025 | August 3, 2025 | Daily Change | Same Period Last Year | | --- | --- | --- | --- | --- | | 8000+ | 15.853 | 15.803 | 0.05 | 15.899 | | 3000+ | 14.787 | 14.788 | - 0.001 | 15.029 | | 1000+ | 13.323 | 13.28 | 0.043 | 13.441 | | Container Ships Waiting at Suez Canal Port Anchorage | 12 | 13 | - 1 | 11 | [24]