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The European line has once again ushered in an upswing. How should we view this round of rise?

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2024-11-05 16:15:27
Gold Ten Futures Special Everbright Futures Comments: Shipping broke out again today, and the European Line Consolidation 2502 contract rose by more than 10% during the session, closing at the 3,000-point integer mark. On the supply side, geopolitical conflicts continue to ferment, and container ships are still in a state of detour. Recently, a number of shipping companies announced an increase in freight rates starting from November 15, among which Hapag-Lloyd raised the freight rates for 20-foot and 40-foot dry cargo and refrigerated container transportation to $2025/TEU and $3,500/FEU respectively; for goods exported to Europe, MSC introduced a new diamond compartment freight rate (DT), and the freight for 20-foot standard containers sent from Asian ports to Northern Europe will be adjusted to $3,350, while the freight for 40-foot and high containers will be adjusted to $5,500; CMA CGM will apply a new FAK rate for goods departing from Asia to the Mediterranean and North Africa, and the maximum freight for 20-foot standard containers will be set at $5,100 The maximum freight for 40-foot and high cabinets is set at $7,900. On the demand side, the current overall performance is acceptable, but no explosion-related phenomenon has been seen. Overall, geopolitical problems still exist. The price increase of superimposed shipping companies provides support for the disk to rise in the short term, but it is necessary to be vigilant that the disk has risen significantly since September 10.