Zhongjin Wealth Futures: Suggesting shorting iron ore on high peaks.

The viewpoint of Zhongjin Wealth Futures indicates that, regarding iron ore, the passage through the Strait of Hormuz has now recovered to nearly 50% of the level before the conflict between the US and Iran. However, the agreement between the US and Iran remains very fragile, with signs of repeated tension. Despite the current weak fundamental situation, it is still necessary to pay attention to the risk of disruptions in ore production due to strikes and geopolitical fluctuations. It is recommended to sell short on rallies.