Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-10-24 13:09Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - This week, the futures prices of the Container Shipping Index (European Line) rose collectively. The main contract EC2512 closed up 10.42%, and the far - month contracts rose between 4 - 10%. The latest SCFIS European Line settlement freight rate index was 1031.80, up 108.58 points from last week, a 10.5% week - on - week increase. The improvement in the spot index boosted the futures price [8][41]. - The improvement of the trade - war situation, the substantial inflection point of the geopolitical conflict towards mitigation, and the successive announcements of price increases by leading shipping companies for November freight rates led to a rapid rebound in futures prices. The arrival of the peak shipping season in the fourth quarter also had an impact [9][42]. - The current freight market is highly influenced by news, and futures prices fluctuate greatly. Investors are advised to be cautious, pay attention to operation rhythm and risk control, and track geopolitical, capacity, and cargo volume data in a timely manner [9][42]. 3. Summary by Directory 3.1. Market Review - The main contract price of the Container Shipping Index (European Line) futures rose significantly this week. The EC2512 contract's trading volume and open interest increased, and market trading became more active [15][21]. - The table shows the weekly price changes of different contracts. For example, EC2510 rose 3.55%, EC2512 rose 10.42%, etc. [12] 3.2. News Review and Analysis - There were various news events, including trade - related communications between China and the EU and the Netherlands, statements from Trump about trade with China, remarks from Putin about US sanctions, and the EU's sanctions on Russian - related and Chinese enterprises. The impacts of these events were rated as neutral, neutral, neutral - bearish, and neutral - bearish respectively [24]. 3.3. Weekly Market Data - The basis and spread of the Container Shipping Index (European Line) futures contracts widened this week [27]. - The export container freight rate index declined this week [30]. - Container ship capacity continued to grow. The BDI and BPI declined due to geopolitical factors [34]. - The charter price of Panamax ships continued to rise this week, and the spread between the offshore and on - shore RMB against the US dollar widened [36]. 3.4. Market Outlook and Strategy - The same as the core viewpoints, including the rise of futures prices, the factors affecting the price increase, and investment suggestions [41][42]