Publicado: Jul 12, 2024 17:06
Today, iron ore futures prices fluctuated repeatedly, and the main contract finally closed at 827, with a daily increase of 0.3%. The overall trading atmosphere in the market was average today. The transaction price increased by 5 yuan/ton yesterday. As of July 12, the total inventory of 35 ports tracked by SMM reached 146.22 million tons, up 180,000 tons from the previous week and 24.85 million tons year on year. The daily average port unloading volume of imported iron ore was 3.025 million tons, down 4,000 tons from the previous week and 27,000 tons year on year. This week, molten iron production began to decline, dragging down the port unloading volume; port inventory continued to accumulate, putting pressure on ore prices and lacking upward momentum. We will pay attention to whether the meeting next week will bring favorable policies. .........

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Today, iron ore futures prices fluctuated repeatedly, and the main con - Shanghai Metals Market (SMM)