Group 1: Market Data Futures Market - I main contract closing price: 707 yuan/ton, up 8.50 yuan [2] - I main contract open interest: 716,254 lots, down 5,254 lots [2] - I 9 - 1 contract spread: 37 yuan/ton, up 2.50 yuan [2] - I contract top 20 net open interest: -22,751 lots, up 2,128 lots [2] - I Dalian Commodity Exchange warehouse receipts: 1,900 lots, unchanged [2] - Singapore iron ore main contract quote (as of 15:00): 96.95 dollars/ton, up 0.86 dollars [2] Spot Market - Qingdao Port 61.5% PB fine ore: 799 yuan/dry ton, up 4 yuan [2] - Qingdao Port 60.8% Mac fine ore: 778 yuan/dry ton, up 5 yuan [2] - Jingtang Port 56.5% Super Special fine ore: 683 yuan/dry ton, up 3 yuan [2] - I main contract basis (Mac fine dry ton - main contract): 71 yuan, down 3 yuan [2] - Iron ore 62% Platts Index (previous day): 96.90 dollars/ton, up 0.45 dollars [2] - Import cost estimate: 802 yuan/ton, up 4 yuan [2] Industrial Situation - Australia - Brazil iron ore shipments (weekly): 3,188.70 tons, down 159.10 tons [2] - China's 47 - port arrivals (weekly): 2,344.10 tons, up 63.70 tons [2] - 45 - port iron ore inventory (weekly): 13,987.83 tons, down 178.26 tons [2] - Sample steel mills' iron ore inventory (weekly): 8,925.48 tons, down 35.68 tons [2] - Iron ore imports (monthly): 10,314 tons, up 917 tons [2] - Iron ore available days (weekly): 18 days, down 5 days [2] - 266 mines' daily output (weekly): 42.44 tons, up 0.78 tons [2] - 266 mines' operating rate (weekly): 66.95%, up 0.54% [2] - 266 mines' iron concentrate inventory (weekly): 59.40 tons, down 4.01 tons [2] - BDI Index: 1,303, up 7 [2] - Iron ore freight rate: Tubarao - Qingdao: 19.24 dollars/ton, up 0.32 dollars [2] - Iron ore freight rate: Western Australia - Qingdao: 8.31 dollars/ton, down 0.10 dollars [2] Downstream Situation - 247 steel mills' blast furnace operating rate (weekly): 83.67%, down 0.46% [2] - 247 steel mills' blast furnace capacity utilization rate (weekly): 91.30%, down 0.44% [2] - Domestic crude steel output (monthly): 8,602 tons, down 682 tons [2] Option Market - Underlying historical 20 - day volatility (daily): 21.04%, up 0.47% [2] - Underlying historical 40 - day volatility (daily): 24.08%, up 0.01% [2] - At - the - money call option implied volatility (daily): 18.25%, up 0.61% [2] - At - the - money put option implied volatility (daily): 18.08%, up 0.88% [2] Group 2: Industry News - Mysteel's new - caliber 114 steel mills' imported sintered powder total inventory: 2,599.09 tons, down 75.94 tons from the previous period; total daily consumption: 115.59 tons, down 1.51 tons from the previous period; inventory - to - consumption ratio: 22.49, down 0.35 from the previous period [2] - May 19 - May 25, Australia and Brazil's seven major port iron ore inventory: 1,417.4 tons, up 41.1 tons, showing a slight inventory build - up, reaching the maximum since the beginning of the year [2] Group 3: Core View - On Thursday, the I2509 contract rebounded with reduced positions. Macroscopically, the Fed meeting minutes showed that policymakers generally believed that economic uncertainty was higher than before, and it was appropriate to be cautious about interest rate cuts and wait for clearer impacts of policies like Trump administration's tariffs before taking action. In terms of supply - demand, this period saw a decrease in iron ore shipments, an increase in arrivals, and a continuous decline in domestic port inventories. Although rebar production declined, hot - rolled coil production increased more, and the rebound in apparent demand supported the iron ore price. Technically, the 1 - hour MACD indicator of the I2509 contract showed that DIFF and DEA rebounded at a low level. The operation suggestion is short - term intraday trading, paying attention to rhythm and risk control [2] Group 4: Key Focus - Friday's domestic iron ore port inventory, steel mills' blast furnace operating rate, and capacity utilization rate [2]
瑞达期货铁矿石产业链日报-20250529
Rui Da Qi Huo·2025-05-29 09:21