建信期货集运指数日报-20251022

1. Report Information - Report Title: Container Shipping Index Daily Report [1] - Date: October 22, 2025 [2] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] 2. Core Viewpoints - Despite the traditional off - season in October, supply pressure exists due to limited capacity control, and spot freight rates are falling. However, shipping companies are raising rates for the second half of October and November, and the freight rate is likely to bottom out and rebound, with the bottom possibly reached this year. The December contract has an opportunity for a rebound from oversold conditions [8]. - The China export container shipping market continued its rebound this week. Transport demand was generally stable, and ocean - going route freight rates increased, driving up the composite index. China's exports in September showed good growth, and the trade with the EU was particularly strong [9]. 3. Summary by Directory 3.1行情回顾与操作建议 - In October, it's the traditional off - season with supply pressure. Shipping companies are raising rates for the second half of October and November. For example, Maersk's rates for the Shanghai - Rotterdam route increased. The Israel - Hamas conflict may affect the Red Sea route, and the December contract has an oversold repair opportunity [8]. 3.2行业要闻 - The China export container shipping market continued to rebound. China's exports in September increased by 8.3% year - on - year. The EU route had strong growth, with a 14.2% year - on - year increase in September. The Mediterranean route's freight rates also rose. The North American route had a "抢出口" effect in the short term despite challenges. The Israel - Hamas conflict has escalated, and the international community believes Hamas has violated the cease - fire agreement [9][10]. 3.3数据概览 3.3.1集运现货价格 - The Shanghai Export Container Settlement Freight Index for the European route on October 20, 2025, was 1140.38, up 10.5% from October 13. The index for the US West route was 863.46, up 0.1% [12]. 3.3.2集运指数（欧线）期货行情 - The report provides the trading data of container shipping futures on the European line on October 21, including the contract, previous settlement price, opening price, closing price, settlement price, change, change rate, trading volume, open interest, and open interest change [6]. 3.3.3航运相关数据走势图 - The report presents various shipping - related data charts, such as container ship capacity in Europe, global container ship orders, Shanghai - Europe basic port freight rates, and Shanghai - Rotterdam spot freight rates [17][21]