格林期货早盘提示-20251224

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - The iron ore is expected to fluctuate. The pressure level of the main 2605 contract is 800, and the support level is 734 [3] 3. Summary by Relevant Catalogs 3.1 Market Review of Iron Ore - On Tuesday, iron ore closed down, and it also closed down during the night - session [3] 3.2 Important News - In November 2025, China's stainless - steel imports were 112,100 tons, a month - on - month decrease of 12,000 tons (a decline of 10%) and a year - on - year decrease of 18,100 tons (a decline of 14%). Among them, imports from Indonesia were 87,300 tons, a month - on - month decrease of 16% and a year - on - year decrease of 17%. Imports from South Korea and Chinese Taipei increased month - on - month, while those from Indonesia, Japan, and Vietnam decreased. The total imports from the top 5 regions in November accounted for 93.34% of the total imports [3] - From December 15th to December 21st, the total transaction (signing) area of newly - built commercial housing in 10 key cities was 2.232 million square meters, a month - on - month increase of 23.3% and a year - on - year decrease of 32.9% [3] - From December 15th to December 21st, global shipyards received 62 + 13 new ship orders. Chinese shipyards received 42+7 new ship orders, and South Korean shipyards received 11 new ship orders [3] 3.3 Market Logic - Steel production increased last week. With the end of environmental protection restrictions, steel production is expected to continue to increase but remain at a relatively low level. Last week, both the shipment and arrival of iron ore decreased. Towards the end of the month, mines may make concentrated shipments, which will limit the upside space of iron ore [3] 3.4 Trading Strategy - Iron ore is expected to fluctuate. The pressure level of the main 2605 contract is 800, and the support level is 734 [3]