According to Jinshi, the futures of the container shipping index (European line) have stabilized in the past two days after a continuous decline in the previous period. As of the close of Thursday this week, EC2410 closed up 7.57% to 3722.3 points, and EC2412 closed up 9.55% to 3035.0 points. Chen Zhen, director of Founder Futures Shipping and Commodity Index, said that the turning point in the European line spot market and the reappearance of the dawn of the Middle East peace talks were the main reasons for the previous sharp correction of the EC market. However, the Israeli-Palestinian peace talks have basically broken down, and the situation in the Middle East has not cooled down. At the same time, the European line spot market has stabilized after a short-term price reduction, and the liner companies have not further reduced freight rates. Fu Xiaoyan, a shipping analyst at Nanhua Futures, believes that the improvement in market sentiment is mainly due to the potential positive impact of the macro-interest rate cut. At the same time, the high basis formed after the continuous decline of EC futures also gives longs the confidence to buy on dips.