集运日报：美拟向印征收50%关税，现货运价持续下行，盘面再度下探，近期波动较大，不建议继续加仓，设置好止损。-20250827

Report Industry Investment Rating - No specific industry investment rating is provided in the reports. Core Viewpoints - Amid geopolitical conflicts and tariff uncertainties, trading is challenging, so it's advised to participate with light positions or stay on the sidelines [3]. - The spot freight rate is continuously falling, and after a brief rebound, the market is under pressure again. Attention should be paid to tariff policies, the Middle - East situation, and spot freight rates [3]. Summary by Related Content Shipping Market - From August 22nd to 25th, multiple shipping freight rate indices declined. For example, the NCFI (composite index) dropped 1.59% to 1035.79 points, and the SCFIS (European route) fell 8.7% to 1990.20 points [1]. - On August 26th, the main contract 2510 closed at 1318.9 with a 2.76% decline, a trading volume of 2.58 million lots, and an open interest of 54,400 lots, an increase of 52 lots from the previous day [3]. Economic Indicators - The preliminary Eurozone manufacturing PMI in August was 50.5, higher than the forecast of 49.5; the services PMI was 50.7; the composite PMI rose to 51.1, the highest since May 2024 [2]. - The preliminary US S&P Global manufacturing PMI in August reached 53.3, a 39 - month high, and the services PMI was 55.4 [2]. Policy and Geopolitical Events - The Trump administration plans to impose a 50% tariff on Indian products, which is a new signal of the White House's plan to raise tariffs [3]. - The Islamic Cooperation Organization held a special meeting to discuss Israel's aggression against Palestine and issued a joint statement opposing the aggression [3]. Trading Strategies - Short - term strategy: Risk - takers can try to go long lightly around 1300 for the 2510 contract and add long positions around 1600 for the 2512 contract. Set stop - losses and don't hold losing positions [3]. - Arbitrage strategy: Due to the volatile international situation, it's recommended to stay on the sidelines or try with light positions [3]. - Long - term strategy: Take profits when the contracts rise, wait for the correction to stabilize, and then determine the subsequent direction [3]. Contract Adjustments - The daily price limit for contracts 2508 - 2606 is adjusted to 18% [3]. - The company's margin for contracts 2508 - 2606 is adjusted to 28% [3]. - The daily opening limit for all contracts 2508 - 2606 is 100 lots [3].