行业 集运指数日报 日期 2025 年 7 月 11 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7月10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 | | EC2508 | 1,990.2 | 2,030.0 | 2,022.5 | 2,045.2 | 32.3 | 1.6 ...

Core Viewpoints - The shipping index (European line) futures experienced a rapid increase, reaching a peak of 2067.0 points, with a closing report of 42045.0 points, reflecting a rise of 2.75% [1] - Institutions have differing views on the future market trends, with some expecting further upward movement while others anticipate a return to volatility [1][2] Group 1: Institutional Insights - Jianxin Futures believes that the shipping contract for August still has potential for upward movement, supported by better-than-expected price increases and a recovery in the SCFIS settlement index above 2200 points [1] - Guotou Anxin Futures predicts that the shipping market will shift back to a state of fluctuation, influenced by macroeconomic factors such as the extension of tariff exemptions and the potential for a surge in shipping demand before August [2] Group 2: Market Dynamics - The current spot freight rates are stable, which has led to expectations of price increases from shipping companies in early August, contributing to an overall improvement in market sentiment [2] - The shipping market is experiencing a tight supply situation, exacerbated by the anticipated surge in demand due to tariff policies, which may lead to a mixed sentiment regarding the timing of peak freight rates and seasonal declines [2]