行业 集运指数日报 日期 2025 年 9 月 24 日 研究员：何卓乔(宏观贵金属) 18665641296 hezhuoqiao@ccb.ccbfutures.com 期货从业资格号：F3008762 研究员：黄雯昕(国债集运) 021-60635739 huangwenxin@ccb.ccbfutures.com 期货从业资格号：F3051589 研究员：聂嘉怡(股指) 021-60635735 niejiayi@ccb.ccbfutures.com 期货从业资格号：F03124070 宏观金融团队 请阅读正文后的声明 ＃summary＃ 每日报告 | | | 表1：集运欧线期货9月23日交易数据汇总 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 合约 | 前结算 价 | 开盘价 | 收盘价 | 结算价 | 涨跌 | 涨跌幅 （%） | 成交量 | 持仓量 | 仓差 | | EC2510 | 1,102.0 | 1,101.0 | 1,100.0 | 1,085.4 | -2.0 | -0. ...

近日，马士基、达飞等多家船公司公布9月的运价调整计划。其中，9月1日起，达飞对远东至西非中南部、远东至东非航线提价。 其中，远东至西非中南部（含尼日利亚、安哥拉等国）的干货集装箱，每TEU上调250美元；远东至东非肯尼亚航线每TEU涨150美元，至坦桑尼亚达累斯 萨拉姆及莫桑比克航线每TEU涨200美元。 此外，近日马士基发布官方通知，将针对亚太地区运往中东地区的货物推出新的旺季附加费（PSS）。 | Origin | Destination | effective | Currency | All | All | | --- | --- | --- | --- | --- | --- | | | | date | | 20 | 40 | | Brunei, China, Hong Kong China, | United Arab Emirates, | 10-Sep-25 | USD | 700 | 700 | | Vietnam, Indonesia, Japan, Cambodia, | Bahrain, Iraq, Jordan, | | | | | | Laos, Myanmar, Malaysi ...

Core Viewpoint - The international shipping market is undergoing adjustments, with most freight rates declining, while emerging markets are showing strong growth, particularly in the Middle East and Australia/New Zealand routes, which are experiencing price increases despite the overall downturn in the market [3][8]. Freight Rate Trends - The Shanghai Export Container Freight Index dropped to 1415.36 points, a decrease of 3.1% [3]. - European routes have seen a continuous decline since June 13, with rates dropping to $1668 per TEU, down 8.4% [5]. - U.S. routes experienced a decline after a brief increase on July 11, with rates for West and East Coast ports at $1644 per FEU and $2613 per FEU, down 6.5% and 3.9% respectively [6]. - Despite falling rates, business volume for some companies, particularly those focused on Europe, is increasing due to stable demand and seasonal peaks expected in September [6][7]. Regional Price Dynamics - In contrast to the declining rates in Europe and the U.S., the Middle East and Australia/New Zealand routes are seeing price increases. The rate to the Persian Gulf reached $1479 per TEU, up 7.1% [8]. - The demand for 40-foot containers in the Middle East has surged, with prices rising from $1100 in July to over $2000 [9]. - The Australian and New Zealand routes have maintained a stable upward trend, with rates increasing by approximately 85% from $686 per TEU in June to $1267 per TEU [10]. Export Performance - In the first seven months, exports of electromechanical products grew by 9.3%, accounting for 60% of total exports, indicating a shift towards higher value-added products [11]. - The Chinese government emphasizes the importance of maintaining stable foreign trade amidst global uncertainties, with a focus on high-quality development to counteract various risks [12].