Publicado: Apr 1, 2024 10:24
According to the SMM import ore cost profit table, the profit of imported ore has dropped significantly; SMM's tracking shows that the total inventory of 35 ports is 140.18 million tons, an increase of 490,000 tons compared to the previous month and an increase of 9.17 million tons compared to the same period last year; the average daily clearance volume of imported ore is 2.779 million tons, a decrease of 40,000 tons compared to the previous month and a decrease of 268,000 tons compared to the same period last year. Overall, with weak demand, port inventories are still showing an accumulation trend. In the short term, it is difficult to reduce iron ore inventories, and there is still an expectation of accumulation in the future, putting significant pressure on the spot price of iron ore. It is expected that there will still be room for a decrease in import ore profits.

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According to the SMM import ore cost profit table, the profit of impor - Shanghai Metals Market (SMM)