航运衍生品数据日报-20260323

1. Report's Industry Investment Rating - Not provided 2. Core View of the Report - This week, geopolitical sentiment fluctuations and supply - demand games have led to wide - range price fluctuations, with no clear short - term unilateral trend. Attention should be paid to the marginal changes of core variables. Geopolitically, the situation in the Red Sea and the Strait of Hormuz affects costs, and shipping companies' surcharges support freight rates in the short term, but cost transfer to the spot market is hindered. On the supply - demand side, April sees a significant increase in shipping capacity, while European demand recovers weakly, and low cargo volume restricts price increases. The operation strategy suggests an interval - oscillation approach, focusing on the core fluctuation range of 1900 - 2100 points, and avoiding blind chasing of highs. [5] 3. Summary by Related Content Shipping Derivatives Data - China Containerized Freight Index: The current values of CCFI comprehensive index, SCFI - US West, SCFI - US East, SCFIS - US West, SCFI - Northwest Europe, SCFI - Mediterranean, and SCFIS - Northwest Europe are 1707, 1121, 2922, 1636, 2054, 1556, and 2784 respectively. The previous values were 1710, 1072, 2249, 1121, 3111, 1545, and 2666 respectively. The corresponding percentage changes are - 6.08%, 4.52%, - 0.20%, 1.11%, - 8.67%, 0.71%, and 4.43% respectively. [1][2] Geopolitical News - Trump stated that if Iran does not fully open the Strait of Hormuz within 48 hours, the US will destroy its power plants. An oil - tanker operator paid about $2 million to Iran for passage rights in the Strait of Hormuz. Iran warns of a counter - attack if the US threatens military aggression on Kharg Island. Houthi rebels may join the fight early next week. Deterring other straits is an option for the "Resistance Front". [3] Market Conditions and Strategy - Market Conditions: The market shows an oscillating trend. [4] - Strategy: Adopt an interval - oscillation approach, focus on the 1900 - 2100 point range, avoid blind chasing of highs, currently maintain a wait - and - see attitude, and closely track the PA alliance's ship - filling progress, geopolitical developments, and oil - price fluctuations. [5]