On the 9th, steel mills in the mainstream regions of the domestic iron ore market raised the purchase price of iron ore, and state-owned major mines raised their ex-factory prices tomorrow. At present, 66% iron ore wet basis in Tangshan Zunhua area is 810-820 yuan/ton ex-factory without tax. The iron ore market in Northeast China continues to increase slightly, and the number of inquiries increases. Shandong East China Iron ore market is significantly raised. The ex-factory price is that the iron ore market mine in the Central South China region intends to increase the ex-factory price.
Imported iron ore continued to rebound. After the holiday, the price of ore rose sharply. Among them, some steel mills need restocking. At the same time, there are also signs that merchants quickly pulled up with the help of holiday international commodity prices. The spot market is weaker than the market. Compared with yesterday's volume price increase, the transaction power was slightly insufficient, but the business offer was still strong, or due to high costs, the rebound is not willing to discount.
On the 8th, the ocean shipping market rose for the seventh consecutive day, but the increase slowed. On the index side, BDI883 rose 8 points, BCI1921 fell 11 points, BPI647 rose 49 points, BSI791 fell 4 points, BHSI444 level. The chartered sales volume was light, and the Capesize-type ship entered the downtrend channel due to rising to a higher level but lacked pallet support. The market only relied on the bottoming out of the Panamax boat to drive the KLCI higher. In terms of data, freight rates from Brazil to China fell by US$0.091/tonne (15-18 million tons), and shipping expenses from Western Australia to China fell by US$0.118/tonne (15-18 million tons). India lacks deals.
Imported iron ore continued to rebound. After the holiday, the price of ore rose sharply. Among them, some steel mills need restocking. At the same time, there are also signs that merchants quickly pulled up with the help of holiday international commodity prices. The spot market is weaker than the market. Compared with yesterday's volume price increase, the transaction power was slightly insufficient, but the business offer was still strong, or due to high costs, the rebound is not willing to discount.
On the 8th, the ocean shipping market rose for the seventh consecutive day, but the increase slowed. On the index side, BDI883 rose 8 points, BCI1921 fell 11 points, BPI647 rose 49 points, BSI791 fell 4 points, BHSI444 level. The chartered sales volume was light, and the Capesize-type ship entered the downtrend channel due to rising to a higher level but lacked pallet support. The market only relied on the bottoming out of the Panamax boat to drive the KLCI higher. In terms of data, freight rates from Brazil to China fell by US$0.091/tonne (15-18 million tons), and shipping expenses from Western Australia to China fell by US$0.118/tonne (15-18 million tons). India lacks deals.
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