Report Summary 1. Report Industry Investment Rating No information provided on the report industry investment rating. 2. Core Viewpoints - The short - term, medium - term, and intraday trends of Iron Ore 2509 are expected to be volatile, volatile, and weakly volatile respectively. Attention should be paid to the support at the MA5 line. The core logic is that the resurgence of production restrictions has put pressure on the price of iron ore, causing it to weaken [2]. - The short - term trend of iron ore will continue to be volatile. Attention should be paid to the implementation of production restrictions. Although the demand for iron ore shows good resilience, there are concerns about demand due to the resurgence of production restrictions, and the supply is relatively stable, so the supply - demand pattern has not improved substantially [3]. 3. Summary by Related Catalogs Variety Viewpoint Reference - For Iron Ore 2509, in the short - term (within a week), the trend is expected to be volatile; in the medium - term (two weeks to one month), it is also volatile; and intraday, it is weakly volatile. The reference view is to pay attention to the support at the MA5 line, and the core logic is that the resurgence of production restrictions has put pressure on the price of iron ore [2]. Market Driving Logic - The resurgence of production restrictions has put pressure on the prices of raw material - related futures. The supply - demand pattern of iron ore has changed. Steel mills are actively producing, and the demand for iron ore shows good resilience, which supports the price of iron ore, but the incremental space in the off - season is questionable. - After the end - of - fiscal - year shipment rush, the shipments of overseas miners have declined, and attention should be paid to the subsequent decline. The port arrivals have also decreased, and the overseas supply of iron ore has shrunk. However, the domestic iron ore production has recovered actively, so the overall supply contraction is limited. - Currently, the demand for iron ore shows good resilience, which supports the price, but due to the resurgence of production restrictions, there are concerns about demand, and the supply is relatively stable. The supply - demand pattern of iron ore has not improved substantially, and the short - term trend will continue to be volatile [3].
宝城期货铁矿石早报-20250702
Bao Cheng Qi Huo·2025-07-02 10:02