瑞达期货集运指数（欧线）期货日报-20250922

Report Investment Rating - No investment rating information provided in the report Core View - On Monday, the freight index (Europe line) futures prices rose collectively, with the main contract EC2510 up 2%, and the far - month contracts up 1 - 2%. The latest SCFIS Europe line settlement freight rate index dropped 185.32 points from last week, down 12.9% month - on - month. Spot indicators continued to decline with a wider decline. Geopolitical conflicts support freight rates, but before the National Day holiday, shipping companies cut rates to attract cargo, and the supply - demand pattern remains unchanged with high freight rate pressure. The "price war" has made the fundamentals under pressure. The Fed cut interest rates, and the eurozone's internal demand is weak. Overall, the demand for the freight index (Europe line) is weak, and the futures price fluctuates greatly. Investors are advised to be cautious and track geopolitical, capacity, and cargo volume data [1] Summary by Directory Futures Data - EC2510 - EC2602 spread is - 479.90, EC2510 - EC2512 spread is - 560.20, and EC2510 - EC2602 spread increased by 32.10. The EC contract basis is - 228.52. The EC main contract position decreased by 1685 to 46030 hands [1] Spot Data - SCFIS (Europe line) (weekly) decreased by 185.32 to 1193.64, SCFIS (US West line) (weekly) decreased by 156.20 to 1440.24, SCFI (composite index) (weekly) decreased by 199.90 to 1198.21, CCFI (composite index) (weekly) decreased by 5.07, CCFI (Europe line) (weekly) decreased by 66.31 to 1470.97. The Baltic Dry Bulk Index (daily) increased by 2.00, the Panama - type freight index (daily) increased by 36.00 to 1845.00. The average charter price of Panama - type ships decreased by 77.00 to 14490.00, and that of Cape - type ships increased by 1625.00 to 30205.00 [1] Industry News - The State Council executive meeting studied relevant policies on implementing domestic product standards in government procurement and discussed and passed the draft amendment to the Banking Supervision Law. Trump launched the "Trump Gold Card" visa plan, expected to raise over $100 billion for the US government. In August, China's foreign exchange market was stable, with non - bank cross - border receipts and payments of $1.3 trillion, an 8% year - on - year increase, a net inflow of cross - border funds of $3.2 billion, and a bank settlement and sales surplus of $14.6 billion. Foreign investors were net buyers of domestic stocks and bonds [1] Key Events to Watch - September 23rd includes France's September manufacturing PMI preliminary value at 15:15, Germany's at 15:30, the eurozone's at 16:00, the UK's at 16:30, and the US's S&P Global manufacturing PMI preliminary value at 21:45 [1]