MMi Daily Iron Ore Report (June 12)

Published: Jun 12, 2026 18:13
DCE iron ore futures trading was in the doldrums today. The most-traded contract, I2609, eventually closed at 764 yuan/mt, down 0.33% from the previous trading session. Port spot prices were unchanged from the previous day. Traders showed average enthusiasm in quoting; steel mills purchased as needed with few inquiries, and spot trading volume was low as of now.

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 for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
MMi Daily Iron Ore Report (June 12) - Shanghai Metals Market (SMM)