The strong spot freight rate has promoted the rise of container futures. What is the follow-up trend?
2024-06-11 00:22:14
Golden Ten Futures, June 11, last week, the container shipping market as a whole continued to rise, and the EC main contract continued to hit a new high. It is worth noting that the previously weak forward contract saw a sharp increase. < br > < b > 1. Hongye Futures: European macro data is good, the situation in the Middle East has not eased and other macro-positive factors, coupled with the container shipping cash market supply, making the EC disk continued to strengthen and hit a new high. Container spot freight index rose significantly narrowed, but still maintained an upward trend, and the near-month contract maintained a high level of volatility. < br > < b > 2. Haitong Futures: The continuous strengthening of spot freight has become the main driving force pushing up the price hub of EC near-month contracts. The continuous increase of shipping companies has catalyzed market sentiment and promoted the continued upward trend of EC stocks. Considering that the high level of near-month contracts is mainly supported by spot freight rates, and the fundamentals of the container freight market will remain relatively healthy in the short term, the possibility of freight correction is limited, and the near-month contracts will continue the strong performance before the festival. < br > < b > 3. Yide Futures: Entering June, the EC stocks remain strong, mainly due to the continuous rise in spot freight rates. The spot booking volume in June is at a high level, and the space space continues to be tight and there is a risk of intensification. The high freight rates will continue until the fundamentals of short supply improve. Under the premise that the shipping company's price increase is effectively implemented, it is expected that the EC futures price will remain high.
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