Telah Terbit: Jul 22, 2024 10:26
According to the cost-profit statement of imported ore from SMM, the profits of imported ore maintain a volatile situation. By July 19, the total inventory of 35 ports tracked by SMM was 147.59 million tons, increasing 1.38 million tons on a month-on-month basis and 25.55 million tons on a year-on-year basis. The average daily evacuation volume of imported ore was 3.018 million tons, down 0.7 tons month on month and 0.3 tons year on year. The decline in prices and the weak willingness of steel mills to purchase have dragged down the average daily evacuation volume, leading to the accumulation of port inventories and suppressing iron ore prices. Considering the off-season for terminal demand and the lack of market confidence, the short-term ore prices may continue to weaken and fluctuate, and it is expected that the profits of imported ore have some room for downward exploration.

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According to the cost-profit statement of imported ore from SMM, the p - Shanghai Metals Market (SMM)