Publicado: Dec 4, 2023 09:56
"The import ore profit sheet of SMM shows that the landing profit of import ore has shrunk, with losses in all varieties except for Mac powder. The main reason for this is the increase in costs due to premiums, shipping fees, and changes in the exchange rate of the RMB. However, the spot price at the port remains stable, leading to a contraction in the landing profit of import ore. Looking ahead, both overseas shipment and arrival volume are increasing, with port inventories continuing to accumulate, leading to a more relaxed supply. However, on the demand side, iron production this week continues to decline, compounded by the new environmental production restrictions in the Tangshan area, it is expected that iron ore demand will decline to a certain extent. But considering the strong expectations for the important meeting in mid-December, it is expected that the ore price will continue its volatile trend."

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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"The import ore profit sheet of SMM shows that the landing profit of i - Shanghai Metals Market (SMM)