Publicado: Jun 21, 2024 16:44
This morning, iron ore futures were stronger, but then fell sharply in the afternoon. The main contract ended at 811.5, with a daily decline of 1.7%. The overall market trading atmosphere was bleak today. The transaction price was 10-15 yuan/ton lower than that of yesterday. As of June 21, the inventory of 35 ports tracked by SMM totaled 145.1 million tons, a decrease of 120,000 tons from the previous month and an increase of 21.04 million tons year on year. The average daily port throughput of imported ore was 3.016 million tons, a rise of 21,000 tons from the previous month and an increase of 123,000 tons year on year. Considering that there will still be an increase in molten iron next week, the demand for iron ore will remain high. Iron ore prices are still supported. However, ......

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