建信期货集运指数日报-20260123

Report Information - Report Type: Container Shipping Index Daily Report [1] - Date: January 23, 2026 [2] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] Industry Investment Rating - No relevant information provided Core Viewpoints - The spot market shows signs of peaking, with the Shanghai Port's export freight rate to European base ports falling, and major shipping companies lowering their quotes for late January. The inflection point of the spot high should have appeared. The sudden change in the Red Sea re - navigation may boost the sentiment of far - month contracts [8] Summary by Directory 1. Market Review and Operation Suggestions - Spot Market: The Shanghai Port's export freight rate to European base ports stopped rising and turned down, with a 2.5% decline to $1676/TEU. The SCFIS index also dropped slightly. Shipping companies are lowering quotes, indicating a signal of price cuts to attract cargo [8] - Red Sea Re - navigation: Maersk changed the route of ships on some routes via the Cape of Good Hope instead of the Suez Canal, which may boost far - month contracts [8] 2. Industry News - Market Conditions from January 12 - 16: To cope with the Spring Festival holiday, the cargo volume increased slightly, while the freight rate of ocean routes and the composite index decreased. The Shanghai Export Container Composite Freight Index dropped 4.4% to 1574.12 points [9] - European Routes: The Sentix euro - zone investor confidence index in January was - 1.8, better than expected. The shipping demand was stable with a slight increase, and the average cabin utilization rate was close to full, but the freight rate dropped 2.5% to $1676/TEU [9] - Mediterranean Routes: Similar to European routes, the spot booking price dropped more, with a 7.7% decline to $2983/TEU [9] - North American Routes: The US labor market was stable. The shipping market supply - demand was generally stable, and the average cabin utilization rate was over 90%. The spot booking price fluctuated slightly, with a 1.1% decline to $2194/FEU for the US West and a 1.2% increase to $3165/FEU for the US East [10] - Futures Contract Adjustment: The Shanghai International Energy Exchange will adjust the contract months of the Container Shipping Index (European Line) futures from February 10, 2026, adding EC2605, EC2607, EC2609, and adding EC2703 on March 31, 2026 [10] - Gaza Cease - fire Plan: The second - stage plan of the Gaza cease - fire involves setting up a peace committee and a transitional government, but there are differences between Netanyahu and Trump [10] - Yemen Situation: The Houthi armed forces warned Saudi Arabia against military action, and the Yemeni President's Leadership Council established a supreme military committee [10] 3. Data Overview 3.1 Container Shipping Spot Prices - SCFIS: The European route decreased 0.1% to 1954.19 points, and the US West route decreased 1.4% to 1305.27 points from January 12 to January 19 [12] 3.2 Container Shipping Index (European Line) Futures Quotes - The table shows the trading data of EC2602, EC2604, EC2606, EC2608, EC2610, and EC2612 on January 22, including opening price, closing price, settlement price, etc. [6] 3.3 Shipping - Related Data Charts - The report provides charts of container ship capacity in Europe, global container ship orders, Shanghai - European base port freight rates, etc. [18][22]