Macro expectation of iron ore was boosted, and the short-term shock was strong. First of all, from the industrial level, the latest data shows that the end wood output is more vulnerable to macro level factors. From a macro perspective, after the promulgation of the "16 Articles/254 Document on Real Estate Finance", the financial industry's support for real estate has been brewing in the near future. The central bank cut the reserve ratio last Friday, which is expected to promote the continuous improvement of the financing environment for real estate enterprises. Therefore, we believe that the current macro expectation is relatively obvious, and the iron ore price may fluctuate slightly in the short term.
