Imported Iron Ore Profits Decline Amid Loose Supply and Expected Production Drop
게시됨: Aug 13, 2024 09:42
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According to SMM's cost-profit statement, profits from imported iron ore have declined again. This week, SMM's total global iron ore shipments amounted to 31.87 million tonnes, a decrease of 2.8% from the previous week. Among them, Australia shipped 16.75 million tonnes, a decrease of 7.3% from the previous week; 82.1% of the iron ore shipped from Australia was destined for China, a decrease of 4.8% from the previous week. Brazil shipped 8.24 million tonnes, an increase of 14% from the previous week; 56.4% of the iron ore shipped from Brazil was destined for China, an increase of 98.7% from the previous week. The total volume of iron ore arriving at Chinese ports was 26.11 million tonnes, a substantial increase of 33.22% from the previous week. The supply of iron ore remains relatively loose. However, blast furnace maintenance continued to increase this week, and the market estimates that there will be a further significant decline in molten iron production, which will suppress iron ore prices. In the short term, there is insufficient upward momentum for iron ore prices, and it is expected to continue its weak and volatile trend. It is anticipated that the profits from imported iron ore have the risk of continuing to weaken.
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.