MMi Daily Iron Ore Report (Aug 30)

Published: Aug 30, 2024 18:20

Save

Today, iron ore futures initially rose and then fell back from highs, experiencing wide fluctuations throughout the day. The most-traded contract I2501 finally closed at 754 yuan/mt, down 0.53% for the day.

》Click to download the PDF and view the whole report

SMM price

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 hours ago

[SMM Analysis] March Analysis of the Manganese-Based Battery Materials Market: Divergence Driven by Costs, with Demand Set to Recover Soon

Recently, China’s manganese-based battery materials market has shown an overall pattern of cost-driven dynamics, product differentiation, and gradually recovering demand. Manganese sulphate and Mn3O4 were supported by rising upstream raw material costs and freight rates, with prices trending upward; MnO2 remained stable; LMO held steady amid fluctuations in lithium carbonate, awaiting a recovery in demand in April.

9 hours ago

10 hours ago

[SMM HRC Arrivals] Arrivals in Mainstream Markets Extended Their Decline for a Second Straight Week This Week

10 hours ago

MMi Daily Iron Ore Report (March 31)

Iron ore futures experienced volatile trading, opening higher but weakening throughout the day. The main contract I2605 eventually closed at 808 yuan/ton, down 0.80% from the previous trading session.

10 hours ago