Group 1 - The core viewpoint indicates that iron ore prices are experiencing a downward trend, with the main futures contract reported at 707.5 yuan/ton, a decrease of 1.46% [1] - As of July 1, the total iron ore inventory at 47 ports in China is 144.65 million tons, a decrease of 287,400 tons from the previous week [2] - Satellite data shows that from June 23 to June 29, 2024, the total iron ore inventory at seven major ports in Australia and Brazil is 12.38 million tons, a week-on-week decrease of 188,000 tons, indicating a relatively low inventory level since the second quarter [2] Group 2 - According to Everbright Futures, the mismatch between overseas supply and domestic demand has supported iron ore prices, which are expected to remain strong as long as steel mills maintain profitability and high iron water production [3] - Guotou Anxin Futures notes that iron ore shipments globally have decreased compared to the same period last year, with both Australian and Brazilian shipments declining, while non-mainstream countries have seen a rebound [3] - The macroeconomic environment shows a decrease in geopolitical risks and signs of easing trade tensions between China and the U.S., leading to improved market sentiment [3]
外部地缘政治风险下降 铁矿石价格重心有所下移
Jin Tou Wang·2025-07-01 07:45