Iron ore market is weak, late or there is a callback

Release time：May 14, 2019 From：admin

The domestic iron ore market was weak. In terms of domestic mines, the market price is generally stable. In terms of imported mines, even the iron was weak and oscillating all day. Although the price of early trading traders was stable compared with yesterday, according to the traders' feedback was relatively poor and some traders had low-priced shipments, the market sentiment was relatively low. It is understood that some steel mills have inquired for purchases in the afternoon but the bids are lower and purchased on demand. There is no scale replenishment. At present, the outstanding varieties of Shandong port have been transformed from card powder to PB block. Today, the price of a PB block in the port has broken 900 yuan. At present, the shortage of resources in the PB block of Shandong port has caused its price to rise all the way, and the price of the ball has reached Historical lows, late attention to port pellets turnover and price trends. Based on the above factors, it is expected that the short-term domestic iron ore spot market will be adjusted. 

    In terms of price, the mainstream market price of 66% acid powder wet base in Tangshan area is 630-635 yuan, which is flat. The market price of 65%-66% acid powder wet base in Jianping area is about 605 yuan, which is flat. The market price of 65%-66% acidic dry-based tax in Zibo area was 840-845 yuan, which was flat. The reference price of 61.5% Australian powder in the imported ore market is US$93-93.5, up by US$0.55 from yesterday. The reference price of 61.5% Australian powder in Qingdao Port is 680 yuan, which is stable. The reference price of 61% of the microphone is 660 yuan, which is stable. The reference price of Tianjin Port 61.5% PB Australian powder is 685 yuan, up 5 yuan, and the reference price of super special powder is 590 yuan, steady.