Core Insights - The European shipping index futures have the highest trading volume globally among shipping index derivatives, with a total transaction amount of RMB 4.7 trillion as of April 30, 2025, and an average daily transaction amount of RMB 11.5 billion [1][2]. Group 1: Market Performance - The European shipping index futures have experienced significant price volatility due to the impact of the Red Sea shipping crisis, but the price difference between the futures and spot contracts has been controlled within 1% for the seven contracts that have been delivered [2]. - The index futures have demonstrated their price discovery and hedging functions, becoming essential tools for foreign trade logistics companies to manage price fluctuations and for shipping companies to reference for forward pricing [2]. Group 2: Industry Context - The shipping industry plays a crucial role in international trade, ensuring the smooth operation of goods trade and international logistics supply chains, which highlights the urgent need for risk management tools like shipping index futures to help companies navigate market uncertainties [2]. - The Shanghai Futures Exchange has enhanced China's pricing capabilities in the global commodity and service markets through product innovation, service optimization, and risk management initiatives, contributing to the high-quality development of the real economy [1].

Group 1 - The conference titled "Focusing on Global Markets, Empowering Industry Future" was held in Hong Kong, supported by Shanghai Futures Exchange and Huishang Futures, to analyze the positioning and development trends of shipping index futures in the global market [1] - The opening speech by Huishang Futures emphasized the importance of collaboration between the shipping industry and futures market, highlighting the urgency of enhancing industry communication and promoting business innovation amid increasing global market volatility [1] - Shipping index futures are identified as a powerful tool for risk management and a key driver for optimizing resource allocation and enhancing competitiveness in the shipping industry [1] Group 2 - Presentations at the conference included insights on the development of the global shipping market and the role of shipping index futures, aimed at helping investors understand domestic futures markets and providing diversified investment and risk management solutions [3] - The conference attracted seasoned professionals from the shipping industry, specialized investors from the futures market, and authoritative experts, creating a high-level platform for exploring the future development paths of shipping index futures [6] - The successful operation of the shipping index (European line) futures since its launch has marked a significant integration of the shipping market with the financial market, contributing to the high-quality development of the shipping industry [6]