Core Viewpoint - Iron ore futures experienced a sharp decline, with the main contract dropping to a low of 693.5 yuan, closing at 695.5 yuan, reflecting a decrease of 2.18% [1] Group 1: Market Analysis - Shenyin Wanguo Futures suggests that iron ore has short-term support but anticipates a weak trend in the future, citing a potential recovery in iron production and decent steel mill profits as factors supporting demand [2] - Donghai Futures recommends a bearish outlook on iron ore prices in the short term, noting a decline in daily iron production and mixed market views on production recovery [3] - Guoxin Guozheng Futures indicates that the iron ore market is under pressure, with seasonal demand weakening and a recent increase in overseas shipments not alleviating the situation [4] Group 2: Supply and Demand Dynamics - Global iron ore shipments decreased by 1.591 million tons week-on-week, while arrivals increased slightly by 637,000 tons, indicating a potential recovery in the second quarter [3] - The recent announcement by FMG to delay the full production of the Iron Bridge project by three years raises concerns about future supply [3] - The ongoing reduction in port inventories and high iron production levels are contributing to a complex supply-demand landscape, with expectations of increased shipments in the latter half of the year [2]
终端需求面临季节性压力 铁矿石震荡偏弱看待
Jin Tou Wang·2025-05-27 06:00