Yongan Futures(SH:600927) Yong An Qi Huo·2025-08-18 06:21Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - The overall strategy maintains the logic of shorting on rallies. The subsequent drivers continue to be weak. The current discount of the October contract to the spot is around 450 points, and there is still expected to be room for decline. The valuation of the far - month contracts is unclear, more affected by drivers, and due to low positions, they are greatly influenced by macro and capital behaviors [2][16] Group 3: Summary According to Related Catalogs Futures Contracts - Contract Prices and Changes: EC2508 closed at 2083.8 with 0.00% change, EC2510 at 1373.6 with 1.04% change, EC2512 at 1763.0 with 2.30% change, EC2602 at 1530.1 with 0.57% change, EC2604 at 1332.0 with - 0.22% change, and EC2606 at 1487.5 with - 0.50% change [2][16] - Trading Volumes and Open Interests: Trading volumes for EC2508, EC2510, EC2512, EC2602, EC2604, and EC2606 were 82, 31099, 6018, 1011, 1068, and 93 respectively. Open interests were 2506, 54859, 11324, 4438, 5549, and 822 respectively, with changes of - 50, - 1839, 193, 14, 90, and - 13 [2][16] - Month - to - Month Spreads: EC2508 - 2510 spread was 710.2 with a daily change of - 14.2 and a weekly change of 39.0; EC2510 - 2512 spread was - 389.4 with a daily change of - 25.6 and a weekly change of - 48.2; EC2512 - 2602 spread was 232.9 with a daily change of 31.0 and a weekly change of 0.0 [2][16] Indexes - Totenit: Updated on 2025/8/11, the current value is 2235.48 points, with a monthly change of - 2.71% and a quarterly change of - 0.31% [2][16] - SCF (European Line): Updated on 2025/8/15, the current value is 1820 dollars/TEU, with a monthly change of - 7.19% and a quarterly change of - 4.39% [2][16] - CCFI: Updated weekly on 2025/8/15, the current value is 1790.47 points, with a monthly change of - 0.48% and a quarterly change of 0.53% [2][16] - NCFI: Updated every Friday on 2025/8/15, the current value is 1188.69 points, with a monthly change of - 5.49% [2][16] Recent European Line Quotes - Downstream is currently booking space for the second half of August (week 34 - 35). The average price for week 34 is 2850 US dollars (2000 points), and the current average quote for week 35 is 2625 US dollars (1840 points). Among them, the PA alliance quotes 2500 US dollars, MSK quotes 2300 US dollars, and the OA alliance quotes 2700 - 2800 US dollars [3][17] Related News - On 8/13, the leader of the German Left Party called for a complete halt to arms supplies to Israel. On 8/17, Israel began transporting supplies to Gaza in preparation for military operations, and the Israeli Prime Minister's Office stated that the unconditional release of all detainees is a prerequisite for a cease - fire. On 8/16, Trump said he would temporarily not impose tariffs on China for buying Russian oil [4][18]