Publicado: Jan 16, 2024 10:16
According to the SMM import profit statement, multiple types of imported ore are still in deficit; from a fundamental perspective, the global iron ore shipment volume of SMM is 30.06 million tons, a slight increase of 3.4% compared to the previous period. The shipment volume from Australia and Brazil both have a slight increase, but the proportion of shipments to China has decreased, and it is expected that the amount of shipments to China will decline. The amount of shipments in this period has increased significantly by 13.55% to the high level of 2861.88. Loose supply is suppressing ore prices, combined with the unexpected stability of MLF in the market today, putting pressure on ore prices to decrease significantly. Short-term iron ore prices may still be affected by weak fluctuations due to macroeconomic data, and it is expected that there is still a downside risk to iron ore profits.

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According to the SMM import profit statement, multiple types of import - Shanghai Metals Market (SMM)