INSUBCONTINENT EXCLUSIVE:
Official Singapore Exchange data and TradingView chart analysis confirm that iron ore 62% Fe, CFR China (TSI) futures traded at $95.30 per
ton on June 13, 2025, down 0.21% over the last 24 hours.The price has dropped below the $95.66 and $97.38 resistance levels, with the next
This move extends a persistent downtrend that began in late May and reflects the ongoing imbalance between robust supply and weak Chinese
demand.Charts show the daily price remains well below the 50-day, 100-day, and 200-day simple moving averages
35.27, approaching but not yet reaching oversold territory
The Moving Average Convergence Divergence (MACD) indicator remains negative, with both the MACD and signal lines below zero, which signals
that bearish momentum continues.Bollinger Bands have widened, and the price consistently trades at or below the lower band, indicating
The four-hour chart confirms this setup, with the price capped by resistance at $95.37 and $95.48, and the RSI at 45.43, showing only a
(Photo Internet reproduction)Fundamental data highlight the pressure on prices
purchases as uncertainty over government policy and a weak property sector weigh on demand
Official figures show new construction starts and real estate investment remain well below year-ago levels.Chinese iron ore imports are
expected to hit record highs in 2025, driven by strategic stockpiling and increased shipments from Australia and Brazil, but this supply
growth has not translated into stronger spot demand.Macroeconomic factors further dampen sentiment
The US dollar index strengthened overnight, which puts additional pressure on dollar-denominated commodities like iron ore.Broader commodity
markets, including oil and base metals, also traded lower in the same period, reflecting cautious investor sentiment
No major supply disruptions have been reported from key exporters, leaving the market well supplied.Volumes and open interest on the
Singapore Exchange remain steady but show no signs of a reversal in positioning
ETF flows in iron ore remain minimal.Trading activity suggests that most market participants expect further downside unless Chinese demand
recovers or a supply shock emerges
The technical and fundamental picture both point to continued weakness.The price action below all major moving averages, negative MACD, and
low RSI confirm that sellers remain in control
With Chinese demand signals still muted and no fresh catalysts on the horizon, iron ore prices look set to remain under pressure in the near
