宝城期货铁矿石早报-20250603

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoint of the Report - The iron ore 2509 contract is expected to show a weak and volatile trend in the short - term and intraday, and a volatile trend in the medium - term. It is recommended to pay attention to the pressure at the MA20 line. The core logic is that the supply - demand pattern has weakened, leading to a weak and volatile ore price [1]. 3. Summary by Relevant Contents Market Situation and Forecast - The iron ore market is in a situation where supply increases and demand weakens. Overseas ore prices declined weakly during the holiday, steel mills' production is weakening, and iron ore demand is continuously falling. Meanwhile, port arrivals are rising from a low level, overseas miners' shipments remain high, and the supply pressure is large. Although the domestic ore production decline due to inspections, the overall supply is still abundant. The futures price has a large discount, which provides some resistance to the downward movement. Under the game of long and short factors, the ore price will continue to fluctuate weakly, and attention should be paid to the performance of finished steel [2]. Time - cycle Viewpoints - Short - term (within one week): The iron ore 2509 contract is expected to be weak and volatile [1]. - Medium - term (two weeks to one month): The iron ore 2509 contract is expected to be volatile [1]. - Intraday: The iron ore 2509 contract is expected to be weak and volatile [1].