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Iron ore market continues vulnerable,short-term or continue to fall

On the 28th imported iron ore market continues weak run. External disk market fell slightly, and domestic ports spot market continues vulnerable. Current market inquiries, offer compared to the previous decrease in steel wait majority, transactions weak.
 
Downstream steel market continue to decline, the market merchant shipping is poor. In the case of the weak steel market, the trend of imported iron ore market is not optimistic, and some varieties in the case of low turnover, the bargaining space increases.
 
Business feedback, external disk market as a whole vulnerable run business mentality weaker, less mainstream futures offer, and some varieties offer fell slightly. However, due to less enthusiasm for steel procurement, the buyer and the seller is still difficult to reach consensus, poor turnover.
 
It is reported that yesterday's three major mines were issued bidding resources, decline in selling prices of the two major stock platform.
Among them, the trading platform of the North mine and traders are disk reported, but the steel lower bid, the procurement will is not strong, no transaction. Higher resource costs of the hands of traders, the price of the imported ore outside the disk support, and the mainstream.
 
Australian fine resources in short supply, mostly concentrated in the hands of part of the large, lower prices will is not strong. Expected that the possibility of short-term external disk market fell sharply.
 
At the same time, weakness in external disk market, the domestic ports spot market prices continue to rise slightly decreased. Among them, the Australian iron ore, part of the port, Pakistan and mineral resources more market prices continue to fall slightly; the limited resources of the printed powder, and offer relatively strong. Mainstream market traders offer and the actual transaction price gap gradually widened the poor, the business mentality, the overall market turnover less.
 
The monitoring shows that the major ports in the port of Qingdao Port, Rizhao Port, Zhenjiang, Nantong Port, Jiangyin Port, Caofeidian Port, Jingtang Port, Lianyungang, Zhanjiang Port, Fangchenggang such as some varieties offer the previous day dropped 5-10 yuan / ton. Jingtang Port, Zhenjiang, Jiangyin Port, Nantong Port mainstream Indian powder resources less than normal, transient stability offer; O powder declines. Beilun Port and Tianjin Port, the main species prices were steady.
 
The rainy season in the economic downturn at home and abroad, coupled with MERCOSUR, the steel end of the market demand continues to slump, while the downstream market downturn will be difficult to support the rebound of the price of imported iron ore. In the case of the steel market is not significantly improved, it is expected that short-term imports of iron ore market will continue to be vulnerable to run-based.



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