Group 1: Report Industry Investment Rating - No relevant content found Group 2: Core Viewpoints of the Report - The 02 contract follows the delivery logic with a small deviation. The 04 contract needs attention on the spot market and actual rush - shipping situation. Spot price decline suppresses the futures market, but the potential increase in post - Chinese New Year rush - shipping may weaken the price decline slope in March. The current valuation of the 04 contract fluctuates widely within a reasonable range, and it is recommended to pay attention to possible correction opportunities. The adjustment of export tax rebates is negative for the far - month contracts, but far - month contracts are greatly affected by geopolitical factors. It is generally recommended to focus on shorting the 10 contract on rallies. Currently, the valuations of the 04 and 10 contracts are neutral with limited downward space [3] Group 3: Summary by Relevant Catalog Futures Contract Quotes - EC2602 closed at 1714.3 with a 0.22% increase, trading volume of 1999, and an open interest of 6439 with a decrease of 1139. EC2604 closed at 1132.2 with a 1.00% increase, trading volume of 30559, and an open interest of 41888 with a decrease of 744. EC2606 closed at 1318.0 with a 0.52% increase, trading volume of 2329, and an open interest of 4200 with an increase of 420. EC2608 closed at 1459.0 with a 0.45% decrease, trading volume of 121, and an open interest of 1366 with a decrease of 19. EC2610 closed at 1054.1 with a 0.09% decrease, trading volume of 1410, and an open interest of 8186 with an increase of 248 [2] - For the month - spread, EC2502 - 2604 was 582.1 compared to the previous day, with a day - on - day decrease of 7.4 and a week - on - week increase of 61.4. EC2504 - 2606 was - 185.8, with a day - on - day increase of 4.4 and a week - on - week increase of 28.0 [2] Spot Indexes - The SCHIS (European route) index on January 12, 2026, was 1956.39, showing an 8.94% increase from the previous period and a 3.05% increase from the period before the previous one. The SCFI (European route) index on January 16, 2026, was 1676 dollars/TEU, a 2.50% decrease from the previous period [2] European Route Spot Situation - In Week 4, MSK opened the cabin at 2750 (a 100 increase from the previous period), PA at 2400 (YML had two special offers at 2250), and OA at 2700 - 2900 dollars. The central price was 2630 dollars, equivalent to 1840 points on the futures. In Week 5, MSK opened the cabin at 2450 (a 300 decrease from the previous period), PA at 2400 (special offer at 2200), and OA at 2700 dollars. The central price was 2540 dollars, equivalent to 1780 points on the futures [3] Related News - On January 20, Iran stated that the internet would return to normal within the week, and the Iranian security forces' commander said that the government had fully restored order in all cities. Russia, Belarus, the EU, Norway, Poland, Thailand, Uzbekistan and other countries have successively stated that their leaders have been invited to join the Gaza "Peace Committee" [4]
集运早报-20260120
Yong An Qi Huo·2026-01-20 01:54