Emotional ebb disk correction, iron ore does not have a significant short-term downward momentum

Jinshi Futures May 9th news, Guantong Futures analysis pointed out that the supply and demand of iron ore double increase, blast furnace resumption of production, supply and demand are expected to improve marginally; due to the May Day before the steel mills replenishment, port inventory dehydration, downstream steel mills transfer, currently see the slope of iron rising slowly, the recovery of external ore shipments, port inventory dehydration smoothness is questionable, high port inventory is still forming above pressure. The recent macro-level favorable policy release, the overall atmosphere is still warm. In the short term, the blast furnace production, the end of the finished material is still destocking, coupled with the warm macro atmosphere, iron ore temporarily does not have the power to fall sharply. 2409 Follow the 840-850 range support. Focus on hot metal changes and end point demand strength.