中新社北京2月21日电综合消息：伊朗外交部长阿拉格齐21日与卡塔尔首相兼外交大臣穆罕默德通电 话，讨论最新地区和国际局势。 据伊朗迈赫尔通讯社报道，阿拉格齐与穆罕穆德在通话中回顾了伊朗与美国之间谈判的最新进展。双方 强调，应继续开展磋商与合作，推进区域合作框架内的外交进程。双方重申，致力于通过对话机制来缓 解紧张局势，增进对地区关键问题的相互了解。 伊朗媒体称，此次讨论反映出伊朗和卡塔尔正在就地区和国际局势进行持续协调。 美国阿克西奥斯新闻网站20日报道称，美国防部已向特朗普提供打击伊朗的多种方案，其中包括"清 除"伊朗最高领袖哈梅内伊及其儿子穆杰塔巴。(完) （文章来源：中国新闻网） 路透社21日称，调解方阿曼向阿拉格齐转交了美方"导弹相关提议"的信件，但阿拉格齐"拒绝打开"并将 其退回。卡塔尔半岛电视台称，阿拉格齐20日接受美国媒体采访时称，尽管华盛顿发出威胁，伊朗与美 国之间仍有可能达成协议。他同时强调，协议应该是公平且基于双赢的方案。军事选项只会带来灾难性 后果。 国际舆论高度关注美伊局势。美国总统特朗普20日称，他正在考虑对伊朗进行"初步的有限军事打击"， 以迫使伊朗接受美方在核协议方面的要求。美国 ...

Group 1: Gold Market Insights - The gold market experienced a significant drop, with spot gold reaching a low of $4878.37 before closing down 3.17% at $4922.8 per ounce [1][5] - The market opened at $5086 per ounce, peaked at $5100.6, and then fell sharply during the trading session [2][6] - Technical analysis indicates a potential for further downward movement, with resistance levels identified at $5000-$5050 and support levels at $4890-$4800 [2][7] Group 2: Silver Market Insights - Spot silver saw a more severe decline, dropping 10.64% to close at $75.26 per ounce, with a low point below $75 during trading [1][5] Group 3: Oil Market Insights - WTI crude oil prices fell sharply, closing down 3.05% at $62.98 per barrel after reaching a low of $62.39 [1][3] - The market opened at $64.91 per barrel and peaked at $65.12 before the decline [3][7] - The oil market remains in a consolidation phase, with resistance levels at $63.7-$65.5 and support levels at $62.3-$61.0 [3][7] Group 4: Nasdaq Market Insights - The Nasdaq index opened at $25201.6, reached a high of $25339.59, and then fell to a low of $24638.17, closing at $24738.37 [4][8] - The index shows signs of further pressure, with resistance levels at $25000-$25150 and support levels at $24590-$24140 [4][8]

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - The production and capacity utilization rate of styrene increased month - on - month. As the Spring Festival approaches, the EPS, PS, and UPR devices are about to reduce their loads seasonally, and downstream demand is seasonally weak. The market has entered the Spring Festival inventory accumulation stage, and the inventory pressure is not large. The integrated and non - integrated profits decreased month - on - month, but the profits are still at a relatively high level. The profits of downstream EPS, PS, and ABS are low. As the negative factors in the downstream of the industrial chain are transmitted upwards, the over - valued state of styrene is expected to be unsustainable. The EB2603 daily range is expected to be around 7340 - 7600 [2] 3. Summary Based on Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract of styrene was 7453 yuan/ton, a decrease of 44 yuan; the trading volume was 356126, a decrease of 171983; the long position of the top 20 holders was 417204 hands, a decrease of 16070 hands; the net long position of the top 20 holders was - 13532 hands, an increase of 2150 hands; the short position of the top 20 holders was 430736 hands, a decrease of 18220 hands; the warehouse receipt quantity was 4402 hands, an increase of 2654 hands [2] 3.2 Spot Market - The spot price of styrene was 7608 yuan/ton, a decrease of 70 yuan. The mainstream prices in the Northeast, South, North, and East China regions were 7375 yuan/ton (an increase of 75 yuan), 7825 yuan/ton (an increase of 85 yuan), 7575 yuan/ton (unchanged), and 7615 yuan/ton (an increase of 60 yuan) respectively [2] 3.3 Upstream Situation - The intermediate price of ethylene CFR Northeast Asia was 696 US dollars/ton (unchanged), the spot price of pure benzene in Taiwan's CIF was 773.38 US dollars/ton (unchanged), the price of ethylene FD US Gulf was 399.5 US dollars/ton (a decrease of 8.2 US dollars), the FOB price of pure benzene in the US Gulf was 309 cents/gallon (a decrease of 3 cents), the FOB price of pure benzene in Rotterdam was 919 US dollars/ton (an increase of 7 US dollars), the market price of pure benzene in the South China market was 6150 yuan/ton (unchanged), the market price of pure benzene in the East China market was 6060 yuan/ton (an increase of 25 yuan), and the market price of pure benzene in the North China market was 6060 yuan/ton (unchanged) [2] 3.4 Industry Situation - The total styrene operating rate was 69.96%, an increase of 0.68 percentage points; the national styrene inventory was 157805 tons, an increase of 1965 tons; the total inventory in the East China main port was 9.62 tons, a decrease of 1.24 tons; the EPS operating rate was 56.24%, an increase of 2.98 percentage points; the ABS operating rate was 64.4%, a decrease of 1.7 percentage points [2] 3.5 Downstream Situation - The PS operating rate was 55.2%, a decrease of 0.4 percentage points; the UPR operating rate was 38%, an increase of 2 percentage points; the styrene - butadiene rubber operating rate was 83%, an increase of 0.08 percentage points [2] 3.6 Industry News - From February 6th to 12th, styrene production increased by 1.6% month - on - month to 35.65 tons, and the capacity utilization rate increased by 1.12% month - on - month to 71.08%. From January 30th to February 5th, the consumption of downstream EPS, PS, and ABS increased by 0.7% month - on - month to 26.04 tons. As of February 12th, the styrene factory inventory was 16.09 tons, an increase of 1.94% compared with last week. As of February 9th, the styrene inventory in the East China port was 9.62 tons, a decrease of 11.42% compared with last week; the styrene inventory in the South China port was 1.2 tons, unchanged compared with last week [2]

1. Report's Industry Investment Rating - No relevant content provided 2. Core Viewpoints of the Report - MSK's price quotes for the first week of March remain mostly the same, weakening the price - increase expectation, and the EC futures market is expected to continue to fluctuate weakly. Given the off - season in April and ongoing geopolitical risks during the Spring Festival, it is recommended to stay on the sidelines for unilateral trading and conduct rolling operations on the 6 - 10 calendar spread [6][8]. 3. Summary by Relevant Catalogs 3.1 Container Shipping - Container Freight Index (European Line) 3.1.1 Futures Market - The closing prices, price changes, price change rates, trading volumes, trading volume change rates, open interests, and open interest change rates of different EC futures contracts are presented. For example, EC2604 closed at 1,177.9 points, down 0.09% from the previous day, with a trading volume of 17,204.0 lots (down 41.80%) and an open interest of 33,027.0 lots (down 2.57%) [3]. - The price differences and their changes between different futures contracts are also provided. For instance, the price difference between EC04 and EC06 is - 323, down 2.3 [3]. 3.1.2 Container Freight Rates - Weekly container freight rates and their week - on - week and year - on - year changes are given. The SCFIS European Line index is 1657.94 points, down 7.49% week - on - week and 29.54% year - on - year. SCFI: Shanghai - Europe is 1403 USD/TEU, down 1.06% week - on - week and 34.65% year - on - year [3]. 3.1.3 Fuel Costs - The prices, week - on - week, and year - on - year changes of WTI and Brent crude oil near - month contracts are provided. WTI crude oil near - month contract is at 64.07 dollars per barrel, down 0.48% week - on - week and 10.78% year - on - year; Brent crude oil near - month contract is at 68.41 dollars per barrel, down 0.13% week - on - week and 9.2% year - on - year [3]. 3.2 Market Analysis and Strategy Recommendations 3.2.1 Market Analysis - Spot freight rates are weak, with the price - increase expectation weakening. MSK's WK10 Shanghai - Rotterdam quote is 2000 USD/40HC, the same as last week. From a fundamental perspective, demand is peaking and then declining, and the overall shipping capacity deployment has little change compared to the previous period. Geopolitical situations are volatile, and it is still difficult for a large - scale resumption of European - line shipping in the first half of the year [6][7]. 3.2.2 Strategy Recommendations - Unilateral trading: Given that Maersk's freight rates in March are mostly unchanged and it is the off - season in April, the market is expected to fluctuate. Due to ongoing geopolitical risks during the Spring Festival, it is recommended to stay on the sidelines [8]. - Arbitrage: Conduct rolling operations on the 6 - 10 calendar spread [9]. 3.3 Industry News - Local time on the 10th, US President Trump stated that "Iran will not have nuclear weapons or missiles." Iranian officials said that if the US - Iran nuclear talks are successful, the dialogue may expand to other areas. Trump said that if the talks fail, he might send another aircraft carrier strike group to the Middle East [10][11]. 3.4 Related Attachments - Multiple charts are presented, including the SCFIS European Line index and the SCFIS US West Line index, the SCFI comprehensive index, and container freight rates for different routes such as Shanghai - US West, Shanghai - US East, and Shanghai - Europe. There are also charts showing the basis of EC04 and EC06 contracts [13][15][20].

Report Summary of Iron Ore Daily by Guantong Futures 1. Report's Industry Investment Rating No information provided regarding the report's industry investment rating. 2. Core Viewpoints - The iron ore fundamentals show a decrease in arrivals, alleviating supply pressure. The demand side has stable rigid demand, and although ports are still accumulating inventory, it is gradually shifting to downstream steel mills. The fundamental contradictions are not prominent, but the futures contracts present a back structure and a futures discount under a positive basis. After a short - term breakdown, it shows a certain weakness [4]. 3. Summary by Relevant Catalogs Market行情态势回顾 - **Futures Prices**: The main contract of iron ore futures maintained a weak downward trend, closing at 760.5 yuan/ton, down 8 yuan/ton or 1.04% from the previous day's closing price. The trading volume was 216,000 lots, the open interest was 515,000 lots, and the settled funds were 8.612 billion yuan. After the breakdown, it remained weak, with attention on further tests around 750 [1]. - **Spot Prices**: The mainstream spot varieties at Qingdao Port, PB powder, dropped 2 to 770 yuan/ton, and Super Special powder dropped 2 to 665 yuan/ton. The main swap was at 99.3 (-1.3) US dollars/ton. Spot and swap prices declined slightly [1]. - **Basis and Spread**: The price of Qingdao Port PB powder converted to the futures price was 807.2 yuan/ton, with a basis of 46.7 yuan/ton, showing little change. The iron ore 5 - 9 spread was 18 yuan, and the 9 - 1 spread was 10 yuan. Iron ore was slightly weak in the short - term [1]. Fundamental Analysis - Overseas mine shipments increased month - on - month, mainly due to the obvious recovery in Brazilian shipments. The arrivals continued to decline, as the previous drop in shipments was reflected in arrivals. There were expectations of supply disruptions due to weather. On the demand side, the molten iron output decreased slightly month - on - month, the steel mill profitability weakened, and the rigid demand was stable. As the Spring Festival approached, steel mills accelerated restocking, and as restocking progressed, the support for prices might gradually weaken. In terms of inventory, ports continued to accumulate inventory, the inventory at berth decreased, and steel mill inventories increased significantly. The total inventory pressure was still building up. Market sentiment weakened, and both futures and spot prices were under pressure [2]. Macro - level Analysis - **Domestic**: The positive policy expectation continues as the macro - mainline, and the expectation of policy intensification in the first quarter to achieve an economic "good start" in the first year of the "15th Five - Year Plan" is strengthening. The overall policy environment is favorable, which is one of the core logics for being bullish on risk assets in the first quarter [3]. - **Overseas**: One of the core variables in overseas macro this week is that Kevin Warsh was nominated as a candidate for the new Federal Reserve Chairman, but the impact on the market is expected to be limited. His monetary policy stance is "supporting interest rate cuts but advocating balance - sheet reduction", so he is considered a hawkish figure. In addition to monetary policy, investors are also advised to pay attention to the two high - uncertainty risk events of the US - Iran situation and the US government shutdown [3].

Group 1: Gold Market Dynamics - Gold experienced a significant drop of over $350, followed by a sharp recovery of $200, indicating a deep V-shaped reversal and a potential challenge at the $4900 level [1][12] - The market saw a decline below $4700, touching $4655 before rebounding strongly to above $4800, with a temporary pause at $4840 [5][7] - Key support levels to watch include $4760 and $4600, while resistance levels are at $4900 and $5024, suggesting a volatile trading environment [10][12] Group 2: Influencing Factors - Recent geopolitical tensions, particularly between the US and Iran, alongside improving conditions in the Russia-Ukraine situation, have influenced market sentiment, leading to a sell-off in gold [13] - The US job market is showing signs of distress, with rising layoffs and unemployment claims, yet the Federal Reserve remains focused on inflation, which has contributed to the bearish sentiment in precious metals [13] Group 3: Investment Strategy - Investors are advised to focus on entry and exit points for gold trading, emphasizing the importance of trend direction and timing for stable profits [14] - The company highlights the necessity of risk management and the potential for maximizing profits through disciplined trading strategies, with a track record of achieving high accuracy rates [14]

Report Information - Report Title: Container Shipping Index Daily Report [1] - Date: February 6, 2026 [2] - Research Team: Macro Financial Team [4] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] Industry Investment Rating - Not provided in the report Core Views - Although Maersk and Hapag - Lloyd announced the resumption of the ME11 service of the GEMINI alliance through the Red Sea/Suez Canal from mid - February 2026, most European - line varieties closed higher, possibly due to the continued speculation on the US - Iran situation and photovoltaic rush shipments. The peak of the pre - Spring Festival rush shipment demand has passed, and spot freight rates are expected to enter a downward channel. After the Spring Festival, it is likely to continue the off - season performance, and the relatively high shipping capacity in March limits the possible rebound. However, geopolitical conflicts may continue to provide trading hotspots. It is recommended to short the 04 contract on rallies and go long on the 08 contract on dips [8] Summary by Directory 1. Market Review and Operation Suggestions - **Market Situation**: Maersk and Hapag - Lloyd announced the resumption of the ME11 service of the GEMINI alliance through the Red Sea/Suez Canal from mid - February 2026, but European - line varieties closed higher. The pre - Spring Festival rush shipment peak has passed, and spot freight rates will decline. After the Spring Festival, due to slow resumption of work and the approaching of the traditional off - season in April, it is difficult to maintain high prices. Geopolitical conflicts may boost the sentiment of far - month peak - season contracts [8] - **Operation Suggestions**: Short the 04 contract on rallies and go long on the 08 contract on dips [8] 2. Industry News - **China's Export Container Transport Market**: From January 26 to 30, the market continued to adjust. The overall demand for ocean routes was weak, and market freight rates declined, dragging down the composite index. On January 30, the Shanghai Export Container Composite Freight Index was 1316.75 points, a 9.7% decrease from the previous period [9] - **European Routes**: The eurozone's January composite PMI was 51.5, lower than expected. Economic growth momentum slowed, and the service industry's expansion weakened. On January 30, the market freight rate from Shanghai Port to European base ports was $1418/TEU, an 11.1% decrease from the previous period [9] - **Mediterranean Routes**: The market situation was similar to that of European routes. The spot booking price continued to decline. On January 30, the market freight rate from Shanghai Port to Mediterranean base ports was $2424/TEU, a 12.0% decrease from the previous period [9] - **North American Routes**: The US consumer confidence index in January dropped to 84.5, the lowest since May 2014. The spot booking price continued to adjust. On January 30, the market freight rates from Shanghai Port to the US West and East base ports were $1867/FEU and $2605/FEU respectively, with decreases of 10.4% and 10.0% from the previous period [10] - **Other News**: The US announced the second phase of the Gaza cease - fire plan; the Houthi armed forces in Yemen warned Saudi Arabia about possible military actions [10] 3. Data Overview 3.1 Container Shipping Spot Prices - **Shanghai Export Container Settlement Freight Index**: From January 26 to February 2, the SCFIS for European routes decreased by 3.6% to 1792.14 points, and the SCFIS for US West routes decreased by 14.9% to 1101.4 points [12] 3.2 Container Shipping Index (European Line) Futures Market - Provided the trading data of container shipping European - line futures on February 5, including the opening price, closing price, settlement price, price change, price change rate, trading volume, open interest, and open interest change of each contract [6] 3.3 Shipping - Related Data Charts - Included charts of European container ship capacity, global container ship orders, Shanghai - European base port freight rates, and Shanghai - Rotterdam spot freight rates [18][23]

Core Viewpoint - The situation in the Middle East is escalating, with the U.S. deploying a destroyer and considering significant military action against Iran, while Iran prepares for military exercises in the Strait of Hormuz [1] Group 1: U.S. Military Actions - A U.S. destroyer has arrived in the Middle East region as tensions rise [1] - There are indications that the Trump administration is contemplating a major strike against Iran [1] Group 2: Iran's Response - Iran is set to conduct live-fire military exercises in the Strait of Hormuz [1] - Iranian officials assert that while they will not initiate conflict, they will respond decisively to any acts of aggression [1] Group 3: International Reactions - The European Union has designated the Iranian Revolutionary Guard as a "terrorist organization" [1] - Russian President Vladimir Putin has stated that he is closely monitoring the situation regarding Iran [1] - Multiple countries are urging both the U.S. and Iran to resume dialogue to de-escalate tensions [1]

Core Viewpoint - Israel has heightened its defense and offensive readiness in response to the evolving situation regarding Iran, particularly in light of U.S. President Trump's impending decision on actions against Iran [1] Group 1: Military Preparedness - Israeli security agencies are closely monitoring regional developments and are focusing on how to provide timely warnings to the public in the event of an Iranian attack [1] - The Israeli Defense Forces held a weekly assessment meeting where the Iranian issue was a key topic of discussion [1] - Israel is maintaining a high state of alert, which is expected to continue for several days [1] Group 2: U.S.-Israel Coordination - Israeli officials believe that the U.S. is unlikely to allow the situation with Iran to remain unchanged, as indicated by recent statements from President Trump and the deployment of additional U.S. military forces to the Middle East [1] - The Pentagon has developed plans for potential larger-scale actions against Iran, and U.S. Central Command is continuously increasing troop presence in the region [1] - There is ongoing coordination between U.S. and Israeli military forces [1] Group 3: Political Implications - Israeli officials express concern that any reckless actions could escalate the situation, emphasizing that developments in Iran and the broader Middle East largely depend on Trump's decisions [1] - Israeli Prime Minister Netanyahu convened a security cabinet meeting to discuss the evolving situation [1]

Group 1 - The article reports that U.S. President Trump announced the mobilization of military forces towards Iran, indicating that many vessels are heading to the region as a precautionary measure [1] - Trump emphasized the significant military presence being assembled and stated that the U.S. is closely monitoring the situation, expressing a desire to avoid conflict [1] - Iranian Revolutionary Guard Commander Mohammad Pakpour warned the U.S. and Israel against misjudging the situation, referencing historical lessons from past conflicts [1] Group 2 - Pakpour highlighted that Iran is more prepared than ever and is ready to execute orders from the Supreme Leader Ali Khamenei [1]