Publicado: Dec 8, 2023 09:49
Looking at the profit table of imported ore, the landing profit of imported ore has slightly increased compared to the previous period, but multiple varieties are still in a loss state. With the upcoming important conference, market sentiment has increased, driving the continued rise of black futures. However, considering that the output of molten iron has decreased due to increased blast furnace maintenance, the fundamentals have weakened, and the increase in spot prices is not as much as in futures. Yesterday, the spot prices at ports rose by 5-10 yuan/ton, driving a slight improvement in imported ore profits. Looking ahead, macroeconomic expectations remain strong, coupled with continued strong performance of terminal demand, it is expected that finished product prices still have room for upward movement, driving a slight increase in ore prices. It is expected that the landing profit of imported ore will continue to improve, and traders are showing good willingness to ship.

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