集装箱运输市场日报：期价相对维稳-20250814

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - Today, the prices of all monthly contracts of the Container Shipping Index (European Line) futures continued to fluctuate. Except for a slight decline in the EC2510 contract, the prices of the remaining monthly contracts slightly rebounded. After consecutive declines, most contracts have reached short - term lows, some short - sellers took profits and left the market, and the market trading sentiment was relatively calm, so the futures prices rebounded today. For the future, the current futures prices are gradually approaching the spot cabin quotation level, and it is expected that the EC will likely continue to fluctuate. In the medium term, without sudden event factors, based on fundamental considerations, the overall futures price trend may still decline slightly [1]. 3. Summary by Relevant Catalogs 3.1 EC Risk Management Strategy Recommendations - Position Management: For those who have already obtained positions but have full capacity or poor booking volume and are worried about the decline in freight rates, they can short the container shipping index futures according to the company's positions to lock in profits. The recommended hedging tool is EC2510, with a selling direction and an entry range of 1450 - 1550 [1]. - Cost Management: When the shipping company's blank - sailing intensity increases or the market peak season is approaching, and one hopes to book cabins according to the order situation, they can buy the container shipping index futures at present to prevent the increase in transportation costs due to the rise in freight rates and determine the cabin - booking cost in advance. The recommended hedging tool is EC2510, with a buying direction and an entry range of 1200 - 1300 [1]. 3.2 Market News and Influencing Factors - Positive Factors: Israeli Prime Minister Benjamin Netanyahu's statement about expanding Israel's boundaries has caused controversy and anger in Arab countries, which may potentially affect the shipping market [2]. - Negative Factors: Evergreen continues to lower the spot cabin quotation for the European Line, and the SCFIS European Line continues to decline with an enlarged decline [3]. 3.3 EC Data - EC Basis Daily Changes: On August 14, 2025, the basis of EC2508 was 151.58 points, with a daily decline of 0.90 points and a weekly decline of 73.58 points; the basis of EC2510 was 875.98 points, with a daily decline of 26.40 points and a weekly decline of 1.48 points; etc. [4]. - EC Prices and Spreads: On August 14, 2025, the closing price of EC2508 was 2083.9 points, with a daily increase of 0.04% and a weekly increase of 0.54%; the closing price of EC2510 was 1359.5 points, with a daily increase of 1.98% and a weekly decline of 4.29%; etc. [4]. 3.4 Spot Cabin Quotations - On August 28, for Maersk's Shanghai - Rotterdam shipping schedule, the total quote for 20GP was $1390, an increase of $5 compared to the previous period, and the total quote for 40GP was $2340, an increase of $10 compared to the previous period. At the end of August, for Evergreen's Shanghai - Rotterdam shipping schedule, the opening quote for 20GP was $1955, a decrease of $100 compared to the previous period, and the total quote for 40GP was $2960, a decrease of $200 compared to the previous period [6]. 3.5 Global Freight Rate Indexes - On August 14, 2025, the latest value of SCFIS for the European Line was 2235.48 points, a decrease of 62.38 points or 2.71% compared to the previous value; the latest value of SCFIS for the US West Line was 1082.14 points, a decrease of 47.98 points or 4.25% compared to the previous value; etc. [7]. 3.6 Global Major Port Waiting Times - On August 13, 2025, the waiting time at Hong Kong Port was 0.486 days, an increase of 0.146 days compared to the previous day; the waiting time at Shanghai Port was 1.386 days, a decrease of 0.137 days compared to the previous day; etc. [14]. 3.7 Ship Speed and Number of Container Ships Waiting at Suez Canal Port Anchorage - On August 13, 2025, the speed of 8000 + container ships was 15.952 knots, a decrease of 0.016 knots compared to the previous day; the speed of 3000 + container ships was 15.031 knots, an increase of 0.209 knots compared to the previous day; the number of ships waiting at the Suez Canal port anchorage was 8, a decrease of 1 compared to the previous day [23].