建信期货集运指数日报-20260106

1. Report Information - Report Title: Container Shipping Index Daily Report - Date: January 6, 2026 - Research Team: Macro Finance Research Team - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] 2. Core Viewpoints - The SCFIS index rebounded 3.1% to 1795.83 points this week. The price increase in mid - to late December was well - implemented. The freight rate in early January was around $2880, and the cargo - booking status was good. The market still has expectations for price increases in late January. The February contract may have some upside potential, but the expectation of the Red Sea resuming navigation after the Spring Festival may heat up, so attention should be paid to short - selling opportunities for the April contract in the off - season and the positive spread trading opportunities between the 02 and 04 contracts [8] 3. Market Review and Operation Suggestions 3.1 Spot Market - The SCFIS index further rose 3.1% to 1795.83 points this week. The price increase in mid - to late December was well - implemented, and the freight rate in early January was maintained at around $2880, with good cargo - booking status. The late - January quotes are concentrated in the range of $2700 - $3100, and there are still expectations for price increases. After the Spring Festival, the expectation of the Red Sea resuming navigation may increase, and attention should be paid to short - selling opportunities for the April contract in the off - season and the positive spread trading opportunities between the 02 and 04 contracts [8] 3.2 Futures Market | Contract | Previous Settlement Price | Opening Price | Closing Price | Settlement Price | Change | Change Rate (%) | Trading Volume | Open Interest | Open Interest Change | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | EC2602 | 1,828.5 | 1,840.0 | 1,855.5 | 1,859.4 | 27.0 | 1.48 | 22903 | 26046 | 1916 | | EC2604 | 1,167.2 | 1,187.8 | 1,198.0 | 1,189.6 | 30.8 | 2.64 | 8562 | 22629 | 1710 | | EC2606 | 1,370.4 | 1,395.0 | 1,389.0 | 1,390.2 | 18.6 | 1.36 | 500 | 2201 | 49 | | EC2608 | 1,496.5 | 1,506.0 | 1,502.3 | 1,503.7 | 5.8 | 0.39 | 127 | 1188 | - 7 | | EC2610 | 1,059.9 | 1,062.4 | 1,082.6 | 1,076.8 | 22.7 | 2.14 | 948 | 6055 | 31 | | EC2612 | 1,300.5 | 1,319.0 | 1,311.9 | 1,315.6 | 11.4 | 0.88 | 21 | 48 | - 10 | [6] 4. Industry News - From December 22 to December 26, 2025, the China Export Container Shipping Market showed a positive trend. The Shanghai Export Containerized Freight Index rose 6.7% to 1656.32 points. The freight rates of European, Mediterranean, and North American routes all increased [9] - In December 2025, many shipping companies such as MSC, CMA CGM, Maersk, and Hapag - Lloyd announced price increases or surcharge adjustments for multiple international routes [9][10] - Military operations in the Middle East continued. The Israeli army killed many Hamas members. The armed militants hiding in the Rafah tunnels were still in direct contact with the Hamas military leadership [10] - The Suez Canal Authority announced that Maersk would resume Red Sea - Suez Canal navigation in early December, but Maersk later stated that it had not determined the specific resumption date [10] 5. Data Overview 5.1 Container Shipping Spot Prices | Date | SCFIS: European Route (Base Ports) | SCFIS: US West Route (Base Ports) | Change | MoM (%) | | --- | --- | --- | --- | --- | | 2026/1/5 | 1795.83 | 1250.12 | 53.19 (European), - 51.29 (US West) | 3.1 (European), - 3.9 (US West) | | 2025/12/29 | 1742.64 | 1301.41 | | | [12] 5.2 Container Shipping Index (European Route) Futures Market - The report provides the trends of the main contract and the second - main contract of container shipping European route futures [18] 5.3 Shipping - Related Data Trends - The report presents data trends in European container ship capacity, global container ship orders on hand, Shanghai - European base port freight rates, and Shanghai - Rotterdam spot freight rates [18][20]