Financial circles December 7 news The domestic futures market closed, commodity futures trend differentiation, black, energy plate rose in the front, iron ore main contract rose 6%, liquefied petroleum gas rose more than 5%, coking coal rose more than 4%, urea, coke, fuel oil rose more than 3%, crude oil, PTA, asphalt rose more than 2%, cotton, thread, vegetable oil rose more than 1%. Glass fell more than 3%, manganese silicon, pigs fell more than 2%, cotton yarn, methanol, ferrosilicon, soybean meal fell more than 1%.
General Administration of Customs: Imports of iron ore, crude oil, soybeans and other commodities have been reduced, and the import volume and price of coal and natural gas have risen together. In the first 11 months, China imported 1.038 billion tons of iron ore, a decrease of 3.2%, and the average import price was 1099.3 yuan per ton, up 53.1%; crude oil was 467 million tons, a decrease of 7.3%, the average import price was 3191.1 yuan per ton, up 39.5%; coal was 292 million tons, an increase of 10.6%, the average import price was 676.9 yuan per ton, up 39.7%; natural gas was 110 million tons, an increase of 21.8%, and the average import price was 2772.7 yuan per ton, up 20.7%.
Everbright Futures: Looking at the recent strong performance of iron ore in a rebounding mindset
At present, the production restriction is still continuing, the superimposed winter environmental protection production restriction policy lasts until the middle of March next year, and Tangshan has recently been frequently disturbed by secondary response measures for heavily polluted weather, so the resumption of steel mills is relatively limited. In November, China's blast furnace operating rate was 69.79, down 1.1 percentage points from the previous month and 15.63% from the same period last year. Therefore, in the case of no obvious increase in downstream demand, the arrival of iron ore in Hong Kong continues to increase, and the inventory pressure continues to be high, the recent strong performance of iron ore should still be viewed in a rebound thinking.