集运欧线数据日报-20260128

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Core View of the Report - The EC of container shipping to Europe has dropped by 0.11%. Due to the approaching Spring Festival, shipping companies face increasing pressure to secure cargo and need to build rolling spaces for the holiday. Led by Maersk's price cut, pre - holiday freight rates have entered the traditional off - season decline channel. However, the market's focus is on the potential price increase after the Spring Festival due to the rush to transport photovoltaic products. The 04 contract is about 300 points lower than the spot price, and the low valuation supports the market. In 2025, shipping companies announced price increases in March and April, and this year there is an additional rush of exports of photovoltaic products. Before seeing the shipping companies' price - increase plans or a substantial increase in cargo volume from the export rush, the 04 contract is expected to fluctuate [2]. 3. Summary by Relevant Catalog Contract Volume and Price - EC2602: The latest trading price is 1717.5 points, with a decline of 0.47%. The trading volume is 984 (a decrease of 419 compared to the previous period), and the single - sided open interest is 3495 (a decrease of 730 compared to the previous period). The net long position of the top 20 members is - 85 [3]. - EC2604: The latest trading price is 1193.9 points, with a decline of 0.11%. The trading volume is 25043 (a decrease of 18129 compared to the previous period), and the single - sided open interest is 38647 (a decrease of 3043 compared to the previous period). The net long position of the top 20 members is - 2611 [3]. - EC2606: The latest trading price is 1442.2 points, with a decline of 0.24%. The trading volume is 2566 (a decrease of 1917 compared to the previous period), and the single - sided open interest is 7912 (an increase of 588 compared to the previous period). The net long position of the top 20 members is 0 [3]. - EC2608: The latest trading price is 1528.4 points, with an increase of 0.82%. The trading volume is 248 (a decrease of 366 compared to the previous period), and the single - sided open interest is 1482 (a decrease of 33 compared to the previous period) [3]. - EC2610: The latest trading price is 1112 points, with an increase of 0.29%. The trading volume is 1010 (a decrease of 1138 compared to the previous period), and the single - sided open interest is 8511 (a decrease of 54 compared to the previous period) [3]. - EC2612: The latest trading price is 1374.7 points, with an increase of 0.50%. The trading volume is 23 (a decrease of 15 compared to the previous period), and the single - sided open interest is 123 (a decrease of 1 compared to the previous period) [3]. - Total: The total trading volume is 29874, and the total single - sided open interest is 60170. The net long position of the top 20 members is - 2696 [3]. Spot Freight Rates - Weekly Spot Index: The SCFIS is 1859.31 points, with a decline of 4.9% compared to the previous period; the SCFI is $1595/TEU, with a decline of 2.5% compared to the previous period [3]. - Daily Spot Freight Rates: The TCI(20GP) is $1688/TEU, with an increase of 0.3% compared to the previous period; the TCI(40GP) is $2837/FEU, with an increase of 0.4% compared to the previous period [3]. Basis and Spread - The basis of the previous trading day is 665.41, and the basis of the day before the previous trading day is 659.11, with a change of 6.3 [4]. - Information on the spreads between different contracts such as EC2604 - EC2602, EC2606 - EC2604, etc. is presented in the form of a chart [4].