Group 1: Report Investment Rating - No investment rating information is provided in the report. Group 2: Core Views - The short - term view of Iron Ore 2601 is weak oscillation, the medium - term view is oscillation, and the intraday view is weak oscillation. It is recommended to pay attention to the pressure at the MA5 line. The core logic is that the real - world logic dominates, and the ore price is under pressure to fall [2]. - The supply - demand pattern of iron ore continues to weaken. The terminal consumption of ore is continuously decreasing, and the demand in the steel market remains weak. The supply of iron ore is high, and the high - valued ore price is prone to fall under the pressure of the real - world logic. Attention should be paid to the performance of steel [3]. Group 3: Summary by Relevant Content Variety View Reference - For Iron Ore 2601, the short - term view is weak oscillation, the medium - term view is oscillation, and the intraday view is weak oscillation. The reference view is to pay attention to the pressure at the MA5 line, and the core logic is that the real - world logic dominates, and the ore price is under pressure to fall [2]. Market Driving Logic - The supply - demand pattern of iron ore continues to weaken. The terminal consumption of ore is decreasing, and the demand in the steel market remains weak. The arrival of ore at domestic ports has increased significantly, and although overseas miners' shipments have decreased, both remain at high levels. The supply of domestic ore has also increased. Overall, the supply of iron ore is high, and the high - valued ore price is prone to fall under the pressure of the real - world logic. Attention should be paid to the performance of steel [3].
宝城期货铁矿石早报（2025年11月4日）-20251104
Bao Cheng Qi Huo·2025-11-04 02:05