Publicado: Dec 5, 2023 09:08
"The profit table of imported ore shows that the losses of imported ore at the landing site have intensified, except for Mac fines and mixed fines, which have a slight profit, while other varieties have increased losses. Yesterday, the central bank governor once again emphasized the principle of "housing is for living in, not for speculation", to resolve livelihood issues such as "guaranteeing homes for people", and to prevent the spillover of real estate risks, which is the current phase's task. This move has somewhat dampened market confidence, which had been consistently expected to be strong. In addition, with the fall in coking coal prices and the weak fluctuations in iron ore prices, spot prices have followed suit and fallen by 5-10 yuan/ton. Looking ahead, the basic support for the iron ore market remains weak, and the main factors affecting ore prices still lie in macroeconomic influences. It is expected to continue to fluctuate, and imported ore is still in a state of loss at the landing site."

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"The profit table of imported ore shows that the losses of imported or - Shanghai Metals Market (SMM)