Overnight I2409 contract shock is strong, the spot price of imported iron ore is raised. The shipments and arrivals of iron ore from Australia and Pakistan have increased in this period. The merchants are enthusiastic in shipping, and the quotation is more than a firm offer. Due to the recent continuous increase in the operating rate of blast furnace in steel mills, the spot demand for iron ore has increased, which has supported the spot price of iron ore period. At the same time, the mainstream positions have increased significantly, pushing forward prices higher. Technically, the 1-hour MACD index of I2409 contract shows that DIFF and DEA are running above the 0 axis. Operational recommendations, callback to do more machine, pay attention to risk control.

ResearcherFishingworldCai Yuehui

Futures qualification number: F0251444

Futures investment consulting certificate number: 20013101

Assistant researcher: Li Qiurong

Futures qualification number: F03101823

Disclaimer

The information in this report is derived from publicly available information. Ruida Futures Co., Ltd. strives to be accurate and reliable, but does not guarantee the accuracy and completeness of such information, and therefore invests accordingly and assumes its own responsibility. This report does not constitute personal investment advice, the client should consider whether any comments or recommendations in this report are in line with their specific conditions. The copyright of this report is only owned by our company, and no organization or individual may reproduce, reproduce or publish it in any form without written permission. If quoted or published, the source shall be indicated as the research institute of Ruida Futures Co., Ltd., and this report shall not be quoted, abridged or modified contrary to the original intention.