永安期货集运早报-20250908

1. Report Industry Investment Rating - No relevant information provided. 2. Core View of the Report - Currently, downstream is booking shipping space for mid - September (week 37 - 38), with a weekly decline of about 150 points in the past month. Week 37 has an average quote of 2125 US dollars (equivalent to 1450 points on the disk). Due to no bookings during the festival, there is less cargo in the following week. In terms of valuation, the cost - performance is relatively low. The fundamental drivers will still be weak in the next one and a half months, but shipping companies may announce price increases to stabilize prices. It is expected that the short - term 12 - contract will mainly fluctuate, and capital position - shifting behavior may cause disturbances [2][32]. 3. Summary by Related Catalogs 3.1 Futures Contract Information - EC Futures Contracts: EC2510 closed at 1315.3 with a 1.12% increase, EC2512 at 1715.6 with a 2.36% increase, EC2602 at 1542.0 with a 1.53% increase, EC2604 at 1259.8 with a 0.96% increase, and EC2606 at 1447.5 with a 0.31% increase. The trading volumes were 23721, 9362, 1401, 652, and 96 respectively, and the open interests were 48765, 16225, 5640, 7240, and 921 respectively, with changes of - 1198, - 222, - 13, - 66, and - 22 respectively [2][32]. - Futures Month - spread: EC2510 - 2512 was - 400.3, with a daily change of - 25.0; EC2512 - 2602 was 173.6, with a daily change of 16.3 [2][32]. 3.2 Spot Index Information - SCFIS SCFI (European Line): Updated on Mondays and Fridays. On September 1 and 5, 2025, it was 1773.6 and 1315 US dollars/TEU respectively, with a current - period decline of - 10.88% and - 11.21% compared to the previous period, and - 8.71% and - 11.21% compared to the two - period ago [2][32]. - CCFI: Updated weekly on Fridays. On September 5, 2025, it was 1638.77, with a - 2.79% decline compared to the previous period and - 4.09% compared to the two - period ago [2][32]. - NCFI: Updated weekly on Fridays. On September 5, 2025, it was 855.93 points, with a - 7.92% decline compared to the previous period and - 14.23% compared to the two - period ago [2][32]. 3.3 Recent European Line Quotation - Week 37: The average quote was 2100 US dollars (equivalent to 1450 points on the disk). MSK was initially 1900 US dollars and then rose to 1950, PA was 2100 - 2150, and OA was 2100 - 2300 [3][33]. - Week 38: The average quote was 1870 US dollars (equivalent to 1300 points on the disk). MSK was initially 1700 US dollars and then rose to 1740, PA&MSC was 1800 - 2000, and OA was 1900 - 2020 [3][33].