Shanghai Lonyer(SH:603003) Nan Hua Qi Huo·2025-10-16 14:36Report Information - Report Title: Container Industry Risk Management Daily Report - Date: October 16, 2025 - Analyst: Yu Junchen [1] Industry Investment Rating - Not provided in the report Core Viewpoints - Today, the futures prices of the Container Shipping Index (European Line) (EC) continued to decline first and then returned to low - amplitude fluctuations. As of the close, the prices of all EC monthly contracts declined. The decline was due to the relatively weak fundamental support and the attempt of some shipping companies to resume routes in the Red Sea, which brought negative sentiment. In the short term, with geopolitical and tariff issues remaining unstable, the futures prices are likely to continue to fluctuate. Strategies can generally remain on the sidelines or focus on short - term operations, and there are still opportunities for low - buying in the December contract [3]. Grouped Key Points EC Risk Management Strategy - For companies with purchased shipping spaces but full capacity or poor booking volumes and worried about freight rate drops, they can short the container shipping index futures (EC2512) at 1700 - 1750 to lock in profits [2]. - For companies aiming to manage costs, when shipping companies increase blank sailings or enter the peak season, they can buy the container shipping index futures (EC2512) at 1450 - 1500 to fix booking costs in advance [2]. Market Situation Analysis - Likely Positive Factors: Maersk's cabin opening quotes at the end of October were the same as the previous two periods, indicating successful price support in mid - to late October. Maersk, CMA CGM, and Hapag - Lloyd all issued price increase letters for November. An Israeli senior official denied reports of a Gaza cease - fire agreement [4]. - Likely Negative Factors: The offline PA alliance reduced freight rates to $1500 per FEU. SeaLead and CMA CGM announced route reforms and upgrades [4]. EC Data - EC Basis Changes: On October 16, 2025, the basis and its daily and weekly changes of EC2510, EC2512, EC2602, EC2604, EC2606, and EC2608 are provided in the report [5][6]. - EC Prices and Spreads: The closing prices, daily and weekly price changes, and price spreads of different EC contracts on October 16, 2025, are presented [6]. Shipping Quotes - Container Spot Quotes: Maersk's 20GP and 40GP quotes from Shanghai to Rotterdam on different dates in October showed increases, while some of CMA CGM's quotes decreased [8]. - Global Freight Rate Indexes: The latest values, previous values, changes, and change rates of various global freight rate indexes such as SCFIS, SCFI, XSI, and FBX are provided [9]. Port and Shipping Data - Port Waiting Times: The waiting times at major global ports on October 15, 2025, and their changes compared to the previous day and the same period last year are presented [16]. - Shipping Speeds and Waiting Ships: The average speeds of 8000 +, 3000 +, and 1000 + container ships on October 15, 2025, and the number of container ships waiting at the Suez Canal port anchorages are provided, along with their changes compared to the previous day and the same period last year [25].