Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - No information provided Group 3: Summary by Related Catalogs Spot Market - The latest price of the Platts 62% index is $100.95, with a daily change of -$0.95 and a weekly change of -$3.05. Its discounted futures price is 758 yuan [1]. - Different iron ore varieties such as Newman powder, PB powder, and Mac powder have their respective latest prices, daily and weekly changes, and import profits [1]. Futures Market - For Dalian Commodity Exchange contracts, i2601 is at 753.5 yuan, with a daily change of -12.5 yuan and a weekly change of -30.0 yuan; i2605 is at 732.0 yuan, with a daily change of -13.5 yuan and a weekly change of -30.5 yuan; i2509 is at 779.0 yuan, with a daily change of -10.0 yuan and a weekly change of -32.0 yuan [1]. - For Singapore Exchange contracts, FE01, FE05, and FE09 also have their corresponding prices, daily and weekly changes [1]. Basis and Spread - The latest basis and basis rate of the main - contract are presented, along with the monthly spread between different contracts [1].

研究中心黑色团队 2025/7/9 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 94.90 -0.80 0.75 纽曼粉 718 2 25 767.1 92.95 0.50 2.40 -29.86 PB粉 723 2 22 764.6 95.40 0.50 2.55 -10.86 麦克粉 708 3 24 773.6 91.40 0.60 2.65 -5.80 金布巴 684 4 31 772.1 87.50 0.60 2.55 -5.76 主流 混合粉 658 3 18 781.4 83.95 0.25 2.25 -1.10 超特粉 610 1 17 817.8 80.40 0.25 1.95 -13.19 卡粉 815 2 16 753.0 108.20 0.60 4.55 -22.07 巴西 巴混 757 2 22 767.1 97.95 0.40 2.45 1.00 主流 巴粗IOC6 698 2 24 765.5 巴粗SSFG 703 2 24 乌克兰精粉 805 0 23 859.3 61%印粉 664 4 31 卡拉拉精粉 805 0 23 817.8 罗伊山粉 6 ...

| 铁矿石早报 | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 研究中心黑色团队 | | | | | | | | 现货 | | | | | | | | | | 远期 | | | 2025/7/7 | | | 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 | | | 普氏62指数 | | | | 96.30 | | 1.20 | | | | 3.00 | | | | | | | | | | | | | | -32.45 | | | 纽曼粉 | 716 | | 2 | | | | 13 | | 765.0 | | | 93.10 | | | -0.55 | | 1.40 | | | ...

0% 5% 10% 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 2021 2022 2023 2024 2025 (200) (150) (100) (50) 0 50 100 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 - 2022 2023 2024 2025 / 50 80 110 140 170 200 230 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/110/111/112/1 -PB 2022 2023 2024 2025 / 0 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 -PB 2022 2023 2024 2025 / 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 2025 / 50 100 150 200 ...

20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 2025 / 50 100 150 200 250 300 350 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 2025 / 0 20 40 60 80 100 120 140 160 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 -57% 2022 2023 2024 2025 / 2021 2022 2023 2024 2025 80 120 160 200 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 0 50 100 150 (50) 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 2021 2022 2023 2024 2025 0% 5% 10% 15 ...

铁矿石早报 研究中心黑色团队 2025/6/17 | | | | | 现货 | | | 远期 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 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 | | | 普氏62指数 | 94.60 | -0.35 | -1.50 | | | | | | | | 纽曼粉 | 709 | 1 | -1 | 757.3 | 91.50 | -0.40 | -0.60 | -28.32 | | | PB粉 | 720 | 1 | -3 | 761.3 | 93.95 | 0.05 | -0.70 | -3.81 | | 澳洲 | 麦克粉 | 701 | 2 | -4 | 766.0 | 89.35 | -0.35 | -1.15 | 2.01 | | | 金布巴 | 665 | 0 | -14 | 751.7 | 85.90 | -0.20 | -0.80 | -13.30 | | 主流 | 混合粉 | 654 | 1 | -4 | ...

1. Report Title and Date - The report is titled "Iron Ore Morning Report" and was released on June 16, 2025, by the Black Team of the Research Center [1] 2. Spot Market 2.1 Australian Mainstream Iron Ore - The latest price of the Platts 62 Index is 94.95, with a daily change of -0.80 and a weekly change of -0.70 [2] - Newman powder is priced at 708, down 3 for the day and 16 for the week, with a converted futures price of 756.3 and an import profit of -32.68 [2] - PB powder is at 719, down 3 daily and 10 weekly, with a converted futures price of 760.2 and an import profit of -4.70 [2] 2.2 Brazilian Mainstream Iron Ore - Brazilian Blend is priced at 750, up 10 for the day and down 1 for the week, with a converted futures price of 759.5 and an import profit of 9.68 [2] - Brazilian Coarse IOC6 is at 692, down 3 daily and 10 weekly [2] 2.3 Non - mainstream Iron Ore - Ukrainian Concentrate is priced at 794, unchanged for the day and down 4 for the week, with a converted futures price of 859.3 [2] - 61% Indian Iron Ore Powder is at 645, down 2 daily and 20 weekly [2] 2.4 Domestic Iron Ore - Tangshan Iron Concentrate is priced at 901, down 6 for the day and 13 for the week, with a converted futures price of 788.0 [2] 3. Futures Market 3.1 Dalian Commodity Exchange - The i2601 contract is priced at 672.5, up 1.5 for the day and 1.0 for the week, with a monthly spread of 30.5 and a basis of 79.2 [2] - The i2605 contract is at 653.5, up 3.0 for the day and 1.0 for the week, with a monthly spread of 19.0 and a basis of 98.2 [2] - The i2509 contract is at 703.0, down 1.0 for the day and 4.5 for the week, with a monthly spread of - 49.5 and a basis of 48.7 [2] 3.2 Singapore Exchange - The FE01 contract is priced at 91.96, down 0.42 for the day and up 0.32 for the week, with a basis of -74.1 [2] - The FE05 contract is at 90.42, down 0.36 for the day and up 0.46 for the week, with a monthly spread of 1.54 and a basis of -80.6 [2] - The FE09 contract is at 93.60, down 0.48 for the day and unchanged for the week [2]

铁矿石早报 | | | | | 现货 | | 远期 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 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 | | | 普氏62指数 | 95.75 | 0.80 | -0.60 | | | | | | | | 纽曼粉 | 711 | -2 | -10 | 759.5 | 91.95 | -0.75 | -0.40 | -30.96 | | | PB粉 | 722 | -2 | -5 | 763.5 | 94.15 | -0.70 | -0.85 | -4.42 | | 澳洲 | 麦克粉 | 702 | 0 | -6 | 767.1 | 90.50 | -0.65 | -0.40 | -6.74 | | | 金布巴 | 667 | -8 | -17 | 753.8 | 86.40 | -0.65 | -0.30 | -16.14 | | 主流 | 混合粉 | 653 | -2 | -2 | 775.9 | 81.9 ...

(200) (150) (100) (50) 0 50 100 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 - 2022 2023 2024 2025 / 50 80 110 140 170 200 230 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/110/111/112/1 -PB 2022 2023 2024 2025 / 0 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 -PB 2022 2023 2024 2025 / 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 2025 / 50 100 150 200 250 300 350 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 20 ...

0% 5% 10% 15% 20% 25% 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 2021 2022 2023 2024 2025 (200) (150) (100) (50) 0 50 100 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 - 2022 2023 2024 2025 / 50 80 110 140 170 200 230 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 -PB 2022 2023 2024 2025 / 0 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 -PB 2022 2023 2024 2025 / 20 40 60 80 100 120 140 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/1 PB - 2022 2023 2024 2025 / ...