Publicado: Jun 14, 2024 16:36
Today’s iron ore market showed a strong volatile trend. The main contract closed at 827.5 with a daily gain of 1.97%. Traders were generally active in selling. Near the weekend, coupled with the rise in the market, steel mills’ willingness to purchase was weakening. The overall market trading atmosphere was average today. Transaction prices rose by 10-20 yuan/ton compared with yesterday. As of June 14, the inventory of 35 ports tracked by SMM totalled 145.23 million tons, a decrease of 220,000 tons from the previous week and an increase of 20.58 million tons year on year. The daily average port discharge volume of imported ore was 2.995 million tons, a decrease of 33,000 tons from the previous week and an increase of 18,000 tons year on year. Taking into account the recent release of pessimistic sentiment, the market sentiment has improved, coupled with favorable market rumors, the ore price continued to show a strong volatile trend.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
Today’s iron ore market showed a strong volatile trend. The main contr - Shanghai Metals Market (SMM)