On Friday, the National Development and Reform Commission and the State Administration of Market Supervision said that they will take further effective measures to effectively maintain the normal order of the iron ore and other bulk commodity markets. In response to the recent changes in iron ore prices and other related situations, it is planned to send a joint research team to go to some parts of the country. Commodity exchanges and key ports conduct iron ore market supervision research.
Before the negative policy side has not been fully released and the terminal demand has not started, it cannot be ruled out that there is still room for the current price to fall, and the range of the finished product side may ease slightly.
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On February 14th, the overall price of the building materials market fluctuated and weakened, and the futures market fell sharply as a whole. At present, the market is opening one after another, and downstream demand is slowly picking up. It is expected that the shock will weaken on February 15th.
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The domestic profile prices are running weakly. Last Friday’s macro news affected the futures disk to close overcast. Today’s futures continue to be weak. The rising atmosphere created by the macro positive news after the holiday has changed, and it has fallen back slightly. After that, the cumulative increase of 200 yuan / ton, the profile price fell 30-80 from the high level today, and the cumulative increase of about 200 after the holiday. The characteristics of lightness are obvious. After the fifteenth day of the first lunar month, it is expected that the downstream construction will gradually increase, and the demand will pick up. The market will gradually be formed by the favorable policy expectations, and the price will be dominated by the transitional demand. Therefore, it is expected that the market will continue to consolidate tomorrow.
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