Publicado: May 27, 2024 16:55
Today, iron ore futures market is weak and volatile, and the main contract closed at 899, with a daily decline of 1.1%. The overall trading atmosphere of the market today is average. The transaction price fell by 0-10 yuan/ton compared with the price of last Friday. Overall, there is still room for growth in the overall shipment volume of iron ore. Combined with the short-term peak of iron and steel production, there is a risk of decline this week. It is expected that the port inventory will continue to accumulate, suppressing spot prices. However, considering that steel mills are still profitable.

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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Today, iron ore futures market is weak and volatile, and the main cont - Shanghai Metals Market (SMM)