The hottest analysis shows that there is still roo

The analysis shows that there is still room for iron ore price to explore.

the analysis shows that there is still room for iron ore price to explore.

China Construction Machinery Information

Guide: after the sharp decline in October, the market price of imported iron ore has rebounded by a small margin since mid November. Chen Kai, an iron ore analyst at business club, told the Economic Herald on the 1st that the recovery did not last for a long time, and the transaction was flat. At the end of November, the imported ore market

after the sharp decline in October, the market price of imported iron ore has rebounded by a small margin since mid November. Chen Kai, an iron ore analyst at business agency, told the Economic Herald on the 1st that the "recovery" did not last for a long time, and the transaction was flat. At the end of November, the imported ore market entered the downward channel again. Although the market price rose slightly in November alone, it was only a weak consolidation after the sharp decline in October

according to relevant monitoring, the price of imported iron ore rose slightly in November. The market price of 62% printing powder in Rizhao Port, the main port in China, was 955 yuan/ton at the beginning of the month, and rose to 985 yuan/ton at the end of last week, with an increase of about 3.14%

according to Chen Kai's analysis, since the domestic finished product prices in September and October this year were at the lowest point in the year, steel enterprises were more than the cost of off-line loss operations, and were unable to purchase raw materials. The number of blast furnace production reduction and maintenance of steel plants was increasing, which was intended to reduce losses, resulting in further weakening of iron ore demand. In addition, the periodic excess supply of Mines led to an unprecedented decline in the imported ore market, and the cumulative decline reached a record high until the middle of November

due to the huge losses in the early stage, the spot traders are actively pushing up in order to recover the huge losses in the early stage. In addition, under the depressed market of mines, the control of shipment volume and the significant increase of steel mill inquiries, under the joint influence of many factors, the spot market of iron ore began to callback in January, More than 60 "The urgently needed new materials can not be found, the ones that can be found can not be made, and the ones that can be made can not be made well RMB per ton.

however, Chen Kai said that this round of restorative rebound in the price of imported ore can not be called a trend reversal. At present, the market is full of speculation. Against the background of continuous weakening of finished products and billets, the finished products performance in November is still poor. The theoretical cost for steel mills to produce billets is about 4000 yuan per ton, but the current market price of billets is about 3% 800 yuan/ton

in terms of steel mills, the demand has not improved significantly, and the imported ore market lacks obvious wind direction guidance. The sequelae of the early over speed inflation has gradually emerged. The supply and demand sides are testing the bottom line with each other, and the insufficient supply of port resources has been significantly alleviated. Now some ports have shown signs of pressure on the port, and the market price is weak to break through. The iron ore inventory in major ports across the country exceeds 98million tons, with no actual transaction support, As a result, the imported ore market stopped rising and fell back

in general, add a DC input signal to the amplifier unit through the workstation. Chen Kai believes that the rebound of the finished material market is weak. Although social inventory continues to decrease, it is difficult to get out of the decline channel in the face of the sluggish terminal demand of workers under the scorching sun. The steel plant is more cautious in purchasing raw materials. Under the overall pressure of the bulk commodity market, it is difficult for iron ore to be alone, and there is still room for further exploration