Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-08-14 10:48Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - On Thursday, the freight index (Europe line) futures prices fluctuated slightly. The main contract EC2510 closed down 0.18%, and the far - month contracts rose between 1 - 2%. The spot indicators continued to decline, and the market sentiment turned cold. Due to the "price war" among leading shipping companies, the advance release of cargo volume in the second quarter, and various tariff measures, the supply - demand mismatch remained unchanged, leading to a downward trend in futures prices. Although the US consumer side showed resilience, inflation risks still existed, and China's counter - measures against the EU further intensified trade tensions. The demand expectation for the freight index (Europe line) was weak, and the futures prices had large fluctuations. However, the rapid recovery of spot - end price indicators might drive the futures prices to rise in the short term. Investors were advised to be cautious and track relevant data [1] 3. Summary by Related Catalogs 3.1 Futures Market Data - EC main contract closing price: 1359.500, down 2.4; EC second - main contract closing price: 1723.3, up 27.6 - EC2510 - EC2512 spread: - 363.80, up 3.20; EC2510 - EC2602 spread: - 161.90, down 7.00 - EC contract basis: 875.98, down 88.78 - EC main contract open interest: 56698, down 4042 [1] 3.2 Spot Market Data - SCFIS (Europe line) (weekly): 2235.48, down 62.38; SCFIS (US West line) (weekly): 1082.14, down 47.98 - SCFI (composite index) (weekly): 1489.68, down 61.06; container ship capacity (10,000 TEUs): 1227.97, unchanged - CCFI (composite index) (weekly): 1200.73, down 31.56; CCFI (Europe line) (weekly): 1799.05, up 9.55 - Baltic Dry Index (daily): 2025.00, down 8.00; Panamax Freight Index (daily): 1594.00, up 1.00 - Average charter price (Panamax ship): 13658.00, up 230.00; Average charter price (Capesize ship): 25955.00, down 531.00 [1] 3.3 Industry News - Four departments including the central bank detailed two discount interest policies, which were an innovative exploration of fiscal - financial cooperation to boost consumption. After the policy expired, an effect evaluation would be carried out, and the policy period might be extended or the support scope might be expanded - Trump might propose to jointly develop rare earth resources in Alaska with Putin during the Russia - US summit and lift the export ban on Russian aircraft parts. The US might increase sanctions or impose secondary tariffs on Russia if the meeting went poorly - US Treasury Secretary Besent called for an immediate new round of interest rate cuts by the Fed, believing that the Fed might start earlier and there was a high possibility of a 50 - basis - point cut in September. There were 10 or 11 candidates for the Fed chairman [1] 3.4 Key Data to Watch - China's July year - on - year growth rate of total retail sales of consumer goods at 10:00 on August 15 - China's July year - on - year growth rate of industrial added value of large - scale industries at 10:00 on August 15 - China's year - to - date year - on - year growth rate of urban fixed - asset investment in July at 10:00 on August 15 - US July month - on - month growth rate of retail sales at 20:30 on August 15 - US July month - on - month growth rate of industrial production at 21:15 on August 15 - US preliminary August one - year inflation rate expectation at 22:00 on August 15 [1]