集运欧线数据日报-20260212

Report Summary 1. Report Industry Investment Rating - No information provided. 2. Core View - The EC of the container shipping European line decreased by 1.42%. The average spot freight rate for large containers at the end of February remained around $2,080, corresponding to around 1,400 points, with the actual discount narrowing. There is a low expectation of market-driven factors at the spot level. Maersk opened new bookings for the first week of March, with the large container price remaining at $1,900, the same as the last three weeks of February, showing no price increase. This may indicate that the price support may be false. Before the holiday, the market is expected to be in a volatile pattern. After the holiday, it will enter the verification period for the rush export of photovoltaic products and the verification period for the actual implementation of the March price increase letters. Pay attention to the possible falsification of expectations brought by the spot market after the holiday [1]. 3. Summary by Relevant Catalogs EC Contract Volume and Price - EC2604: The latest transaction price was 1,177.9 points, a decrease of 1.42%. The trading volume was 17,204, with a decrease of 12,356 compared to the previous period. The open interest on one side was 33,027, a decrease of 872. The long position of the top 20 members was 17,882, the short position was 22,457, and the net long position was -4,575 [2]. - EC2606: The latest transaction price was 1,501 points, a decrease of 0.93%. The trading volume was 3,655, a decrease of 500. The open interest on one side was 14,185, a decrease of 555 [2]. - EC2608: The latest transaction price was 1,581 points, a decrease of 1.05%. The trading volume was 263, a decrease of 77. The open interest on one side was 1,371, a decrease of 45 [2]. - EC2610: The latest transaction price was 1,105 points, a decrease of 1.07%. The trading volume was 954, a decrease of 139. The open interest on one side was 8,308, an increase of 237 [2]. - EC2612: The latest transaction price was 1,395 points, an increase of 1.34%. The trading volume was 9, a decrease of 29. The open interest on one side was 125, a decrease of 2 [2]. - Total: The total trading volume was 22,085, and the total open interest on one side was 57,016. The long position of the top 20 members was 17,882, the short position was 22,457, and the net long position was -4,575 [2]. Latest Spot Freight Rates - European Routes - SCFIS (weekly): The latest index was 1,657.94 points, a decrease of 7.5% compared to the previous period. The previous period was 1,792.14 points, a decrease of 3.6%, and the period before that was 1,859.31 points, a decrease of 4.9% [4]. - SCFI ($/TEU): The latest price was $1,403, a decrease of 1.1% compared to the previous period. The previous period was $1,418, a decrease of 11.1%, and the period before that was $1,595, a decrease of 4.8% [4]. - TCI (20GP) ($/TEU, daily): The latest price was $1,568, with no change compared to the previous period. The previous period was $1,568, an increase of 1.1%, and the period before that was $1,551, with no change [4]. - TCI (40GP) ($/FEU, daily): The latest price was $2,630, with no change compared to the previous period. The previous period was $2,630, a decrease of 0.2%, and the period before that was $2,636, with no change [4]. - Basis difference: The basis difference on the previous trading day was 480.04 points, an increase of 1.1 points compared to the day before [4].