建信期货集运指数日报-20260113

1. Report Information - Report Title: Container Shipping Index Daily Report [1] - Date: January 13, 2026 [2] - Research Team: Macro Financial Team [4] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] 2. Industry Investment Rating - No relevant information provided. 3. Core Viewpoints - The market strengthened on the day, with the far - month off - season contract EC2604 rising significantly. Besides the tax - refund rush shipping, it may be more driven by the escalation in the Red Sea situation which hit the resumption of shipping. The spot price increase in early January was well - implemented, but shipping companies have recently lowered their quotes for late January. After the shipping peak, they may cut prices to attract cargo, and the inflection point of the spot price high may appear. However, due to the tense situation in the Red Sea over the weekend, the off - season contract EC2604 rebounded sharply, and short - term sentiment may support the contract to run strongly [8]. 4. Summary by Directory 4.1 Market Review and Operation Suggestions - Market Performance: The market strengthened, especially the far - month off - season 04 contract. The SCFIS index rebounded above 1900 points on Monday, rising 8.9% to 1956.39 points [8]. - Spot Market: Shipping companies have lowered their quotes for late January. For example, Maersk lowered its quotes for non - European base ports in the fourth week of January. After the shipping peak, prices may be cut to attract cargo [8]. - Red Sea Situation: The Houthi rebels' tough attitude and the large - scale military strikes by the US and the UK on Yemen over the weekend led to a sharp rebound in the off - season 04 contract, and short - term sentiment may support the contract [8]. 4.2 Industry News - Overall Market: From January 5 to January 9, the China export container shipping market was generally stable, with different routes showing differentiated trends. China's official composite PMI in December 2025 was 50.7, up 1 percentage point month - on - month [9]. - European Route: The eurozone's unemployment rate in November 2025 dropped to 6.3%. The transport demand was stable, and the spot booking price rose slightly. On January 9, the Shanghai Port export freight rate to European base ports was $1719/TEU, up 1.7% [9]. - Mediterranean Route: The market was basically in sync with the European route, and the freight rate continued to rise slightly. On January 9, the Shanghai Port export freight rate to Mediterranean base ports was $3232/TEU, up 2.8% [10]. - North American Route: US private - sector employment increased by 41,000 in December. The transport demand was relatively stable, and the spot booking price continued to rise. On January 9, the Shanghai Port export freight rates to the US West and East base ports were $2218/FEU and $3128/FEU, up 1.4% and 3.1% respectively [10]. - Red Sea Situation: On December 15, 2025, many shipping companies announced freight rate increases. The Suez Canal Authority and Maersk had conflicting statements about the resumption of Red Sea - Suez Canal navigation. On January 12, 2026, the US and the UK launched large - scale military strikes on the Houthi rebels in Yemen [10]. 4.3 Data Overview 4.3.1 Container Shipping Spot Prices - SCFIS European Route (Base Ports): On January 12, 2026, it was 1956.39 points, up 160.56 points (8.9%) from January 5 [12]. - SCFIS US West Route (Base Ports): On January 12, 2026, it was 1323.98 points, up 73.86 points (5.9%) from January 5 [12]. 4.3.2 Container Shipping Index (European Line) Futures Market - The report provides the trading data of multiple contracts such as the opening price, closing price, settlement price, price change, and trading volume of EC2602, EC2604, etc. on January 8, 2026 [6]. - It also includes the trend charts of the main and secondary main contracts of container shipping European line futures [18]. 4.3.3 Shipping - Related Data Trends - The report provides trend charts of European container ship capacity, global container ship orders, Shanghai - European base port freight rates, and Shanghai - Rotterdam spot freight rates [18][21].