F SSIFIRONORE

Singapore May Iron Ore Contract Falls 3%

DCE Adjusts Price Limit and Trading Margin for Iron Ore Futures Contracts

Iron Ore Futures End Six-Day Losing Streak

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

00HSI

561330

09047

03047

512400

159876

Iron ore prices have declined for the fourth consecutive session in Singapore, marking the longest streak of losses in nearly three months. Bloomberg posted on X, highlighting concerns over a deteriorating demand outlook in China, which is impacting market sentiment. The ongoing decline reflects apprehensions about China's economic health and its implications for global commodity markets. Traders are closely monitoring developments in China, as the country's demand for iron ore is a significant driver of global prices. The market remains cautious, awaiting further signals on China's economic trajectory.

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Hang Seng Index

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

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China Southern CSI SWS Non-Ferrous Metal ETF

Hwabao WP CSI Non-ferrous Metal ETF

Iron Ore Prices Decline Amid Concerns Over China's Demand Outlook

Recently, iron ore prices have rebounded rapidly due to geopolitical conflicts in the Middle East and the quick resumption of work domestically. However, after analyzing the supply and demand relationship, it is found that the rebound lacks substantial support and there is insufficient basis for continued price increases. The market should remain rational and be wary of the risks of overheating expectations. Overall, the rebound at the end of February is more of an emotional and technical correction rather than an improvement in supply and demand, and the price increase lacks support. Under the pressure of oversupply, the upward space for iron ore prices has been sealed off, and the market should treat price fluctuations rationally

华尔街见闻资讯

Iron ore does not have a basis for price increases; the market should have rational expectations

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Iron ore futures dropped below CNY 790 per ton, nearing one-month lows due to weakened pre-holiday steel demand and increased global supply. Chinese steel mills reduced purchases ahead of the Lunar New Year holiday, impacting near-term demand. Port activity in China declined, with lower transaction volumes and a 1.16% rise in port inventories. Additionally, shipments from Australia and Brazil increased, adding to supply pressures. In related news, China is assisting Algeria in reopening the Gara Djebilet mine, and Strike Resources signed a memorandum with Naveria Petral for a port project in Peru to support future iron ore exports.

F SSIFIRONORE(03047.HK)

Iron Ore Prices Decline Amid Concerns Over China's Demand Outlook

Iron ore does not have a basis for price increases; the market should have rational expectations

Iron Ore Slips on Weak Fundamentals