Telah Terbit: Mar 8, 2024 10:15
According to the import ore cost-profit table from SMM, the profit of imported ore is basically flat. Looking at the inventory data of the top ten main port iron ore varieties tracked by SMM, this week's port inventory still remains at a high level. Among them, due to the impact of environmental production restrictions, the demand for lump ore has increased, and the inventory is in a decreasing state; coarse powder, fine powder, and pellets are in an accumulating state. After the Chinese New Year, the demand for iron ore is low, and the port inventory is accumulating rapidly, which exerts certain pressure on ore prices. In addition, although today's inventory data is still accumulating, the rate of accumulation has narrowed. The demand for building materials is still increasing. Market information has shown some recovery. It is expected that in the short term, there is not much room for the price of ore to fall, and there may be an opportunity for a bottom rebound, with the possibility of a slight increase in the profit of imported ore.

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