Iron Ore Prices Show Weak Volatility; Short-Term Rebound Prospects Uncertain Amid Economic Concerns
게시됨: Sep 6, 2024 16:26
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Today, iron ore prices exhibited a weak and volatile trend, with the main contract I2501 closing at 684, down 0.07% for the day. Trading sentiment in the market remained subdued. The transaction price was 5 yuan/ton higher than yesterday's; recently, steel mill profits have recovered, and the pace of blast furnace resumption has accelerated. Coupled with restocking before the Mid-Autumn Festival, it is expected that iron ore demand will rebound next week, and fundamentals will continue to improve. However, considering the intensifying market concerns about economic recession, the market atmosphere is relatively sluggish, and the apparent demand for steel is weak. It is anticipated that iron ore prices are unlikely to see significant rebound opportunities in the short term and may continue to exhibit a weak and volatile trend. .........
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.