Workflow
集运指数(欧线)期货EC2602合约
icon
Search documents
航运衍生品数据日报-20251119
Guo Mao Qi Huo· 2025-11-19 06:24
Group 1: Report's Industry Investment Rating - The report does not mention the industry investment rating. Group 2: Report's Core View - The adjustment of the pricing cycle of the EC2602 contract is individually bullish for this contract, but the pricing is relatively full, and investors should not blindly chase the high [8]. - It is necessary to observe the loading situation in November to determine whether it can lay a good foundation for the price increase in December, and the price increase situation in December (whether it is one or two rounds) and the amplitude and time of the high point are uncertain [7]. - The recommended strategy is to wait and see [9]. Group 3: Summary by Related Contents Freight Index - The current values of Shanghai Export Container Freight Composite Index (SCFI), China Export Container Freight Index (CCFI), SCFI - US West, SCFIS - US West, SCFI - US East, and SCFI - Northwest Europe are 1451, 1094, 1823, 1238, 2600, and 1417 respectively, with changes of -2.92%, 3.39%, -17.59%, -6.85%, -8.71%, and 7.11% compared to the previous values [5]. - The current values of SCFIS - Northwest Europe and SCFI - Mediterranean are 1357 and 2029 respectively, with changes of -9.77% and 0.00% compared to the previous values [5]. Contract Information - The current values of contracts EC2506, EC2608, EC2610, EC2512, EC2602, and EC2604 are 1385.0, 1509.6, 1112.0, 1769.5, 1678.1, and 1179.6 respectively, with changes of -1.35%, -0.76%, -0.54%, -1.27%, -2.78%, and -0.68% compared to the previous values [5]. - The current values of EC2606, EC2608, EC2610, EC2512, EC2602, and EC2604 positions are 1585, 1161, 2455, 10432, 38860, and 16145 respectively, with changes of (36), (12), 51, (1654), (20), and (37) compared to the previous values [5]. - The current values of the spreads 12 - 02, 12 - 04, and 02 - 04 are 91.4, 589.9, and 498.5 respectively, with changes of 25.1, (14.7), and (39.8) compared to the previous values [5]. Spot Price - In late November, NSK quoted 2020, HPL quoted 2850, 00CL quoted 2300, CMA quoted 3150, MSC quoted 2350, HML quoted 2500, YML quoted 2550, and ONE quoted 2650. In early December, MSK quoted 3200, HPL quoted 3250, and ONE quoted 2450 (MSK's final quote in December was 2500) [7]. Contract Trading Rule Adjustment - The last trading day of the container shipping index (European Line) futures EC2602 contract is February 9, 2026. The original pricing cycle was adjusted to two weeks earlier, which is bullish for the EC2602 contract [8]. Other Information - According to the holiday arrangement in 2026, the last trading Monday in February 2026 is February 9 [6][8] - Iran carried out a maritime attack near Oman Bay targeting Israel [6] - The ship CMA CGM JULES VERNE/ MEX1 was scheduled to go around the Cape of Good Hope but actually passed through the Red Sea/Suez Canal [6]