Consolidation Index Daily Review: Airlines have pushed up in multiple rounds, and the strong market has resumed
2024-05-10 10:37:39
Golden Ten Futures on May 10 news, today's strong market reappeared, 08 contracts increased positions led the market, intraday 08, 10, 12 contracts all touched the daily limit, the last 08 contracts closed up 14.5% to 3499.8 points, 10 contracts closed to the daily limit. The main contract funds have a certain outflow, the day to reduce the position of 6274 lots, the end of the day reported 3576 points, an increase of 7.02%. The main factor driving the market recently is still the airline's multiple rounds of promotion under the gradual upward spot price, today's new issue of SCFI European routes reported 2869 dollars/TEU, up 569 dollars/TEU. < br > For the 06 contract, as the delivery month approaches, the valuation core shifts to the absolute value of the spot price, and the risks caused by geopolitical conflicts almost disappear, and the steady upward trend of the spot price becomes a solid support. However, < b > The positive sentiment brought by the recent increase has been released well, and it is expected that more airlines will follow the rise to drive the 06 contract to a new round of upside . < br > The 08 contract is based on the expectation that it is also a peak season contract, and follows the 06 contract, but it is subject to the latent risk of resumption in the early stage, and continues to discount the 06 contract. But for now < b > The possibility of resumption in 3 months is relatively limited . On the one hand, the current war situation in the Middle East may escalate. On the other hand, even if the ceasefire is reached soon, steps such as airline wait-and-see and shipping insurance resumes to provide insurance for cargo in the Red Sea section will not be achieved overnight. Driven by the reduction of geopolitical risks and the relocation of funds, the 08 contract rose sharply today, and the 6-8 price difference narrowed rapidly. < b > It is expected that there will be further upside in the future .
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
