Report Summary 1) Report Industry Investment Rating No information provided. 2) Core Viewpoint of the Report The panic and risk - aversion sentiment caused by the Sino - US tariff increase may dominate the market in the short term, leading to increased volatility in the container shipping index (European line) futures. In the medium and long term, it depends on global economic resilience and the export substitution effect. If the China - EU trade volume increases or the US tariff rate on Europe is better than expected, the far - month futures prices may perform better than the near - month contracts. Investors are advised to be cautious, pay attention to the operation rhythm and risk control, and closely monitor the US policies related to Europe and China - EU foreign trade data in the future [1]. 3) Summary According to Relevant Data Futures Market - EC主力收盘价为1886.00，较之前上涨180.80；EC次主力收盘价为238.4 [1]. - EC2506 - EC2508价差为+59.50，EC2506 - EC2510价差为61.00，较之前分别上涨 [1]. - EC合约基差为 - 181.30 [1]. - EC主力持仓量为33207手，较之前减少78手 [1]. Spot Market - SCFIS（欧线）（周）为1422.42，较上周回落51.14点，环比下行3.5%；SCFIS（美西线）（周）为1129.45，较之前上涨40.29 [1]. - SCFI（综合指数）（周）为1392.78，较之前上涨35.90；集装箱船运力（万标准箱）为1227.97，较之前上涨0.14 [1]. - CCFI（综合指数）（周）为1507.27，较之前下降9.00；CCFI（欧线）（周）为1102.71，较之前下降19.72 [1]. - 波罗的海干散货指数（日）为1259.00，较之前上涨83.00；巴拿马型运费指数（日）为1203.00，较之前上涨75.00 [1]. - 平均租船价格（巴拿马型船）为0.00，较之前无变化；平均租船价格（好望角型船）为12514.00，较之前下降1618.00 [1]. Industry News - 美国政府将对数十个国家暂停征收对等关税90天，维持最低关税税率为10%；交易员认为美国6月开始降息可能性更大，预计年底美联储总共降息四次 [1]. - 自4月10日12时01分起，原产于美国的所有进口商品加征关税税率由34%提高至84% [1]. - 欧盟27个成员国投票通过对美国进口产品征收25%关税的反制措施 [1]. Key Data to Focus On - April 11, 14:00, UK's three - month GDP monthly rate for February [1]. - April 11, 14:00, UK's manufacturing output monthly rate for February [1]. - April 11, 20:30, US PPI annual rate for March [1]. - April 11, 22:00, US one - year inflation rate expectation preliminary value for April [1]. - April 11, 22:00, US Michigan Consumer Sentiment Index preliminary value for April [1].