现货运价震荡运行，地缘升温节前减仓欧线拉升

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - The spot freight rate is fluctuating. With the approaching of the Spring Festival and the uncertainty of the geopolitical situation, the market may fluctuate under the background of decreasing positions. Attention should be paid to the MSK online cabin opening and the actual loading situation of shipping companies during the holiday, as well as the resumption of navigation in the Suez Canal and the changes in the Middle East situation, and the support of the off - season rush shipment of products such as photovoltaics to the market. The market is expected to be volatile and the positions on the disk may continue to decrease [1][3] 3. Summary by Related Catalogs Spot Freight and Contract Volume - Price - Futures Contract Data: The EC2604 contract reached a maximum of 1260 points during the session, with a daily reduction of over 2000 lots, and closed at 1258.9 points, up 6.4%. The EC2606 contract closed at 1566.1 points, up 4.78%. Other contracts also rose. Specific data of each contract such as closing price, settlement price, increase or decrease, trading volume, and open interest are provided in the table [2][8] - Spot Freight Data: The comprehensive index of SCFI is 1266.6 points. The Nordic route of SCFIS is 1657.94 dollars/TEU (-7.5%), and the US - West route is 1155.66 dollars/FEU (+4.9%) [9] Spot Quotation - European Line Spot Freight: OOCL's March online freight rate reached 3130 dollars/FEU, and other shipping companies' rates remained generally unchanged. MSK's March online freight rate increased slightly. Different shipping companies' freight rates for different routes and time periods are provided, such as GEMINI, OCEAN, MSC&PA [2][3] European Line Spot Freight Seasonal Trend - Not provided in the given content