【现货】 主流矿粉现货价格：日照港（600017）PB粉+10至799元/湿吨，巴混+10至824元/湿吨，卡粉+10至890 元/湿吨。 【期货】 截止1月29日收盘，铁矿主力合约+1.78%(+14)，收于798.5元/吨。 【基差】 最优交割品为巴混。PB粉和卡粉仓单成本分别为855元和859元。主力合约巴混基差48元/吨。 【供给】 本期全球发运环比小幅回落，但仍处于历史同期高位水平。全球发运+48.5万吨至2978.3万吨。溴洲巴 西铁矿发运总量2394.3万吨，环比增加147.6万吨。溴洲发运量1837.4万吨，环比增加149.3万吨，其中溴 洲发往中国的量1487.6万吨，环比增加97.8万吨。巴西发运量556.8万吨，环比减少1.8万吨。45港口到港 量2530万吨，环比减少129.7万吨。 【库存】 截至1月29日，45港库存17022.26万吨，环比+255.73万吨；日均疏港量小幅下滑，到港量偏高水平下港 口库存延续累库。钢厂进口矿库存环比+579.77至9968.59万吨。 【观点】 昨日铁矿主力合约震荡偏强运行，商品普涨，市场情绪再度抬升。夜盘则震荡运行。基本面来看，供应 端，本期铁 ...

数据来源：MYSTEEL 免责 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及 建议内容的客观、公正，研究方法专业审慎，分析结论合理，但我司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信 息和建议不会发生任何变化。我们提供的全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，您应当自主做出期货 交易决策，独立承担期货交易后果，凡据此入市者，我司不承担任何责任。我司在为您提供服务时已最大程度避免与您产生利益冲突。 未经我司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全部或部分材料、内容。对可能因互联网软硬 件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输或储存上的错误、或遭第三人侵入系 统篡改或伪造变造资料等，我司均不承担任何责任。 声明 0% 10% 20% 30% 1/1 3/1 5/1 7/1 9/1 11/1 62.5% 2023 2024 2025 2026 / 10 15 20 25 65% 2023 2024 2025 2026 / (10 ...

【现货】 日均铁水产量228.1万吨，环比+0.09万吨；高炉开工率78.68%，环比-0.16%；高炉炼铁产能利用率 85.51%，环比+0.03个百分点；钢厂盈利率40.69%，环比-8.6个百分点。 【供给】 本期全球发运环比小幅回落，但仍处于历史同期高位水平。全球发运+48.5万吨至2978.3万吨。溴洲巴 西铁矿发运总量2394.3万吨，环比增加147.6万吨。溴洲发运量1837.4万吨，环比增加149.3万吨，其中溴 洲发往中国的量1487.6万吨，环比增加97.8万吨。巴西发运量556.8万吨，环比减少1.8万吨。45港口到港 量2530万吨，环比减少129.7万吨。 【库存】 截至1月21日，45港库存16766.53万吨，环比+211.43万吨；日均疏港量小幅下滑，到港量偏高水平下港 口库存延续累库。钢厂进口矿库存环比+126.6至9388.82万吨。 主流矿粉现货价格：日照港（600017）PB粉+2至795元/湿吨，巴混-1至817元/湿吨，卡粉+2至880元/湿 吨。 【期货】 截止1月27日收盘，铁矿主力合约-0.51%（-4），收于788元/吨。 【基差】 最优交割品为巴混。PB粉 ...

数据来源：MYSTEEL 免责 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及 建议内容的客观、公正，研究方法专业审慎，分析结论合理，但我司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信 息和建议不会发生任何变化。我们提供的全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，您应当自主做出期货 交易决策，独立承担期货交易后果，凡据此入市者，我司不承担任何责任。我司在为您提供服务时已最大程度避免与您产生利益冲突。 未经我司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全部或部分材料、内容。对可能因互联网软硬 件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输或储存上的错误、或遭第三人侵入系 统篡改或伪造变造资料等，我司均不承担任何责任。 声明 0% 10% 20% 30% 1/1 3/1 5/1 7/1 9/1 11/1 62.5% 2023 2024 2025 2026 / 10 15 20 25 65% 2023 2024 2025 2026 / (10 ...

地区 品种 最新 日变化 周变化 折盘面 最新 日变化 周变化 进口利润 104.65 1.20 -1.50 纽曼粉 788 -10 -6 843.3 99.00 -0.90 -0.80 15.97 PB粉 793 -9 -11 844.5 麦克粉 789 -11 -8 861.7 99.10 -0.60 -0.45 39.45 金布巴 746 -9 -11 838.8 90.95 -1.80 -0.75 50.45 主流 混合粉 725 -5 -18 862.8 95.35 -1.05 -0.15 1.52 超特粉 670 -8 -7 889.8 89.45 -1.00 -0.05 -0.49 卡粉 878 -9 -1 811.5 119.20 -0.95 0.10 -14.89 巴西 巴混 824 -9 -11 830.9 109.25 -1.20 -0.65 8.05 主流 巴粗IOC6 757 -9 -11 830.4 巴粗SSFG 762 -9 -11 乌克兰精粉 872 -6 -7 974.6 61%印粉 735 -9 -11 卡拉拉精粉 876 -6 -7 896.2 罗伊山粉 780 -9 - ...

数据来源：MYSTEEL 免责 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及 建议内容的客观、公正，研究方法专业审慎，分析结论合理，但我司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信 息和建议不会发生任何变化。我们提供的全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，您应当自主做出期货 交易决策，独立承担期货交易后果，凡据此入市者，我司不承担任何责任。我司在为您提供服务时已最大程度避免与您产生利益冲突。 未经我司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全部或部分材料、内容。对可能因互联网软硬 件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输或储存上的错误、或遭第三人侵入系 统篡改或伪造变造资料等，我司均不承担任何责任。 声明 0% 10% 20% 30% 1/1 3/1 5/1 7/1 9/1 11/1 62.5% 2023 2024 2025 2026 / 10 15 20 25 65% 2023 2024 2025 2026 / (10 ...

数据来源：MYSTEEL 免责 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及 建议内容的客观、公正，研究方法专业审慎，分析结论合理，但我司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信 息和建议不会发生任何变化。我们提供的全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，您应当自主做出期货 交易决策，独立承担期货交易后果，凡据此入市者，我司不承担任何责任。我司在为您提供服务时已最大程度避免与您产生利益冲突。 未经我司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全部或部分材料、内容。对可能因互联网软硬 件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输或储存上的错误、或遭第三人侵入系 统篡改或伪造变造资料等，我司均不承担任何责任。 声明 0% 10% 20% 30% 1/1 3/1 5/1 7/1 9/1 11/1 62.5% 2023 2024 2025 2026 / 10 15 20 25 65% 2023 2024 2025 2026 / (10 ...

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - No information provided 3. Summary by Relevant Catalogs Spot Market - **Australian mainstream iron ore**: Newman powder was at 789, unchanged daily and down 29 weekly; PB powder was at 794, down 5 daily and 33 weekly; Mac powder was at 792, down 4 daily and 28 weekly; Jinbuba powder was at 747, down 5 daily and 33 weekly; Mixed powder was at 730, down 6 daily and 27 weekly; Super special powder was at 670, down 4 daily and 32 weekly; Roy Hill powder was at 781, down 5 daily and 33 weekly [1] - **Brazilian mainstream iron ore**: Ba Hun was at 825, down 5 daily and 33 weekly; Ba coarse IOC6 was at 758, down 5 daily and 29 weekly; Ba coarse SSFG was at 763, down 5 daily and 29 weekly [1] - **Other iron ore**: Ukrainian concentrate powder was at 870, down 5 daily and 31 weekly; 61% Indian powder was at 736, down 5 daily and 33 weekly; Karara concentrate powder was at 874, down 5 daily and 31 weekly; KUMBA powder was at 853, down 5 daily and 33 weekly; 57% Indian powder was at 605, down 4 daily and 32 weekly; Atlas powder was at 725, down 6 daily and 27 weekly; Tangshan iron concentrate powder was at 971, unchanged daily and down 11 weekly [1] Futures Market - **DCE contracts**: i2701 was at 752.5, down 4.5 daily and 80.0 weekly; i2605 was at 784.0, down 5.5 daily and 37.0 weekly; i2609 was at 766.5, down 5.0 daily and 32.5 weekly [1] - **SGX contracts**: FE01 was at 105.79, down 0.30 daily and 2.40 weekly; FE05 was at 103.83, down 0.77 daily and 3.58 weekly; FE09 was at 102.55, down 0.72 daily and 3.09 weekly [1]

Report Summary 1. Report Industry Investment Rating - No relevant information provided. 2. Core View - No explicit core view presented in the given content. 3. Summary by Related Catalogs Spot Market - **Australian Mainstream Iron Ore**: Newman powder is priced at 789, down 5 daily and 29 weekly; PB powder is 799, down 5 daily and 27 weekly; Mac powder is 796, down 1 daily and 32 weekly; Jinbuba powder is 752, down 5 daily and 27 weekly; Mixed powder is 736, down 7 daily and 21 weekly; Super special powder is 674, down 3 daily and 29 weekly; Roy Hill powder is 786, down 5 daily and 27 weekly; KUMBA powder is 858, down 5 daily and 27 weekly [1]. - **Brazilian Mainstream Iron Ore**: Brazilian blend is 830, down 5 daily and 33 weekly; Brazilian coarse IOC6 is 763, down 5 daily and 27 weekly; Brazilian coarse SSFG is 768, down 5 daily and 27 weekly [1]. - **Other Iron Ores**: Ukrainian concentrate is 875, down 4 daily and 34 weekly; 61% Indian powder is 741, down 5 daily and 27 weekly; Karara concentrate is 879, down 4 daily and 30 weekly; 57% Indian powder is 609, down 3 daily and 29 weekly; Atlas powder is 731, down 7 daily and 21 weekly; Tangshan iron concentrate is 971, unchanged daily and down 11 weekly [1]. Futures Market - **DCE Contracts**: i2701 is at 757.0, down 5.5 daily and 73.0 weekly; i2605 is 789.5, down 4.5 daily and 30.0 weekly; i2609 is 771.5, down 5.0 daily and 26.5 weekly [1]. - **SGX Contracts**: FE01 is 106.09, down 0.83 daily and 2.80 weekly; FE05 is 104.60, down 1.43 daily and 3.64 weekly; FE09 is 103.27, down 1.48 daily and 3.13 weekly [1]. Other Information - **Premium**: There are data on U - ball/pellet premium, PB block/lump ore premium, and basis/spread between domestic and foreign markets (in RMB terms), but no detailed analysis is provided [1]. - **Month - to - Month Spread**: For DCE contracts, the month - to - month spread of i2701 is 14.5, up 4.4 daily and 40.6 weekly; i2605 is - 32.5, up 22.0 daily and - 2.4 weekly; i2609 is 18.0, up 40.0 daily and - 5.9 weekly [1].

1. Spot Market - Newman powder price is 794, with a daily change of -15 and a weekly change of -26, and the import profit is 15.88 [1] - PB powder price is 804, with a daily change of -15 and a weekly change of -24 [1] - Macfarlane powder price is 797, with a daily change of -15 and a weekly change of -33, and the import profit is 44.08 [1] - Jinbuba powder price is 757, with a daily change of -15 and a weekly change of -24, and the import profit is 55.89 [1] - Mixed powder price is 743, with a daily change of -11 and a weekly change of -22, and the import profit is 18.32 [1] - Super special powder price is 677, with a daily change of -11 and a weekly change of -28, and the import profit is 6.07 [1] - Carajás powder price is 879, with a daily change of -26 and a weekly change of -41, and the import profit is -13.27 [1] - Brazilian blend price is 835, with a daily change of -15 and a weekly change of -30, and the import profit is 14.44 [1] - IOC6 price is 768, with a daily change of -6 and a weekly change of -24 [1] - SSFG price is 773, with a daily change of -6 and a weekly change of -24 [1] - Ukrainian concentrate price is 879, with a daily change of -13 and a weekly change of -32 [1] - 61% Indian powder price is 746, with a daily change of -15 and a weekly change of -24 [1] - Karara concentrate price is 883, with a daily change of -13 and a weekly change of -28 [1] - Roy Hill powder price is 791, with a daily change of -15 and a weekly change of -24, and the import profit is 64.65 [1] - KUMBA powder price is 863, with a daily change of -15 and a weekly change of -24 [1] - 57% Indian powder price is 612, with a daily change of -11 and a weekly change of -28 [1] - Atlas powder price is 738, with a daily change of -11 and a weekly change of -22 [1] - Tangshan iron concentrate price is 971, with a daily change of -6 and a weekly change of -11 [1] 2. Futures Market - i2701 contract price is 762.5, with a daily change of -44.0 and a weekly change of -101.5, and the monthly spread is 14.0 [1] - i2605 contract price is 794.0, with a daily change of -18.0 and a weekly change of -28.5, and the monthly spread is -31.5 [1] - i2609 contract price is 776.5, with a daily change of -17.0 and a weekly change of -25.5, and the monthly spread is 17.5 [1] - FE01 contract price is 106.92, with a daily change of -0.47 and a weekly change of -1.42, and the monthly spread is -2.17 [1] - FE05 contract price is 106.03, with a daily change of -0.71 and a weekly change of -1.11, and the monthly spread is 0.89 [1] - FE09 contract price is 104.75, with a daily change of -0.60 and a weekly change of -0.44, and the monthly spread is 1.28 [1]