According to the SMM import ore profit table, the profit of imported o

Published: Nov 20, 2023 10:25

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According to the SMM import ore profit table, the profit of imported ore continues to shrink, among which PB, Newman block and card powder are in loss, and other varieties remain in a state of marginal profit. On the one hand, the cost has increased due to the change of premium. On the other hand, the spot price of iron ore has been regulated, resulting in a certain decline in the landing profit. In the later period, the shipment volume of iron ore increased, but the arrival volume continued to decline slightly, and the port inventory was low, which still supported the spot price. Considering the influence of regulation on market sentiment, it is expected that the ore price will still run in a weak and volatile way in the short term, and there is still a small downward space. It is expected that the landing profit of iron ore will still have a downward possibility, but the amplitude is small.

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