Group 1 - Iron ore futures showed a strong performance, with the main contract reaching 763.0 CNY/ton, an increase of 3.60% [1] - On July 9, the national main port iron ore transactions totaled 942,000 tons, a decrease of 5.71% compared to the previous period; forward spot transactions were 1.56 million tons [2] - The Guinea Simandou project, jointly developed by China Baowu and Rio Tinto, is expected to be a major source of global iron ore capacity growth over the next 5 to 10 years, with reserves estimated at 2.4 billion tons and an iron grade of 65% [2] Group 2 - According to Minmetals Futures, macroeconomic expectations are increasingly influencing market dynamics, with previous seasonal low iron water levels and recent sentiment boosts contributing to upward price elasticity [3] - Donghai Futures noted that the recent rebound in iron ore prices is primarily driven by macroeconomic factors, with a marginal weakening in the iron ore fundamentals [3] - The global iron ore shipment volume decreased by 3.62 million tons this week, while port inventories also saw a decline of 820,000 tons [3]
铁矿石期价已连续第三个交易日上涨 触及数月高点
Jin Tou Wang·2025-07-10 07:22