瑞达期货集运指数（欧线）期货日报-20251225

Report Summary 1. Report Industry Investment Rating No information provided in the given content. 2. Core View of the Report - Thursday saw slight fluctuations in the freight index (European line) futures prices, with the main contract EC2602 closing up 0.13% and far - month contracts showing varying performances from - 1% to 1%. The latest SCFIS European line settlement freight rate index was 1589.20, up 78.64 points from the previous week, a 5.2% week - on - week increase. The SCFI rebounded for the second consecutive week, rising 46.46 points to 1552.92, a 3.08% increase. With shipping companies achieving full loads, it drove the futures prices up. China's manufacturing PMI in November showed a slight recovery, and the new export order index rose to 47.9, indicating a pre - Christmas recovery in terminal transportation demand. - The geopolitical situation in the Red Sea has a better expectation of resuming navigation. The eurozone economy continues to show a warming trend, and Germany's service industry has a strong recovery. The overall eurozone economy is expected to maintain its relative strength since the third quarter. - The improvement of the trade war situation and the arrival of the shipping peak season are beneficial to the recovery of futures prices, while the short - term impact of the geopolitical situation on freight rates is weakened. The current freight rate market is mainly affected by seasonal demand. Investors are advised to be cautious, pay attention to the operation rhythm and risk control, and track geopolitical, capacity and cargo volume data in a timely manner [1]. 3. Summary by Relevant Catalogs 3.1 Futures Data - EC main contract closing price: 1799.70, up 2.4; EC secondary main contract closing price: 1164.5, up 3.5. - EC2602 - EC2604 spread: 635.20, up 4.4; EC2602 - EC2606 spread: 479.70, up 2.9. - EC contract basis: - 210.50, down 3.9. - EC main contract position: 34250 hands, down 66 [1]. 3.2 Spot Price Data - SCFIS (European line) (weekly): 1589.20, up 78.64; SCFIS (US West line) (weekly): 962.10, up 37.74. - SCFI (composite index) (weekly): 1552.92, up 46.46; container ship capacity: 1227.97 million TEUs, unchanged. - CCFI (composite index) (weekly): 1124.73, up 6.66; CCFI (European line) (weekly): 1473.90, up 3.35. - Baltic Dry Index (daily): 1877.00, up 12.00; Panamax Freight Index (daily): 1267.00, down 1.00. - Average charter price (Capesize ship): 22120.00, unchanged; average charter price (Panamax ship): down 4660.00 [1]. 3.3 Industry News - The central bank's monetary policy committee held its fourth - quarter regular meeting, emphasizing the integrated effect of incremental and existing policies, strengthening monetary policy regulation, and maintaining the stability of the capital market without mentioning the real estate market. - Ukrainian President Zelensky announced the 20 - point details of the Russia - Ukraine "peace plan" draft, but the key territorial issue remains unresolved. Zelensky said Ukraine will not give up its aspiration to join NATO [1]. 3.4 Key Data to Focus On - At 07:30 on December 26, Japan's November unemployment rate [1].