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Home / Metal News / MMi Daily Iron Ore Report (January 6)

MMi Daily Iron Ore Report (January 6)

Jan 6, 2021 17:36

Source:SMM

DCE iron ore futures market vibrated narrowly, and the physical port stock quotes in the morning remained flat over yesterday. Some traders reduced their negotiating space when DCE iron ore futures market inched up in the afternoon. PBF was concluded at 1120yuan/mt in Shandong market and that in Tangshan market was 1118yuan/mt, with small ups and downs in prices.

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MMi Iron Ore Port Index

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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DCE iron ore futures continued to rise largely today, main contract has increased to around 5.4%; the spot quotation has increased by around 20yuan/mt over yesterday.

Sep 30, 2021 19:57

Analysis

MMi Daily Iron Ore Report (September 30)

MMi Daily Iron Ore Report (November 26)

DCE iron ore futures market continued strong tendency while the transaction prices still mixed with small ups and downs. Market players’ bullish sentiment increased given recent declining iron ore inventory at ports.

Nov 26, 2020 17:22

Analysis

MMi Daily Iron Ore Report (October 28)

DCE iron ore futures market headed up today and quotations in the physical port stock market turned to be relatively firm. PBF was concluded at 850-855yuan/mt in Tangshan market, up by 5yuan/mt over yesterday.

Oct 28, 2020 17:21

Analysis

MMi Daily Iron Ore Report (Oct 29)

Physical iron ore port stock fell by 5-15yuan/mt during the morning session and concluded transaction were low.

Oct 29, 2019 18:21

SMM Comments

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SMM data showed on Wednesday September 11. SMM estimates that 75 vessels carrying 10.85 million mt of iron ore arrived at major Chinese ports during September 1-7.

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A day of little activity to note today, with both physical and exchange traded iron ore contracts trading in a narrow band.

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MMi Daily Iron Ore Report (January 6)

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