宝城期货铁矿石早报（2025年10月17日）-20251017

Group 1: Report Industry Investment Rating - No information provided Group 2: Core Views of the Report - The iron ore market's fundamentals are weakening, with high - valued ore prices under pressure to run weakly, and attention should be paid to steel performance [2] - For the iron ore 2601 contract, the short - term and intraday trends are weakly oscillating, the medium - term trend is oscillating, and it is necessary to focus on the pressure at the MA5 line [1] Group 3: Summary According to Related Contents Variety View Reference - For the iron ore 2601 contract, the short - term view is weakly oscillating, the medium - term view is oscillating, the intraday view is weakly oscillating, and the reference is to focus on the pressure at the MA5 line. The core logic is that the demand expectation is weakening and the ore price is under pressure [1] Market Driving Logic - The supply - demand pattern of iron ore is continuously weakening. Steel mill production is weakening, and the terminal consumption of ore continues to decline. The supply pressure is increasing due to high port arrivals, high miner shipments, and the recovery of domestic ore supply. The demand downside pressure is fermenting, and the high - valued ore price is under pressure [2]