Imported Ore Profits Dip Again Amid Flat Demand and Rising Supply Concerns

Publicado: Sep 6, 2024 10:33
According to the cost and profit statement of imported ore, the profit of imported ore fell slightly again. The apparent demand for the five major materials released yesterday was almost flat, and the demand rebound did not meet expectations, while the supply increased. This deepened the market's concerns about the future decline in demand and further worsened market sentiment. In the short term, market sentiment appears overly pessimistic, and fundamentals have not yet improved significantly. It is expected that ore prices will fluctuate at a low level, and the profit of imported ore is still expected to decline slightly in the short term.

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.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
According to the cost and profit statement of imported ore, the profit - Shanghai Metals Market (SMM)