The iron ore price retreated on Tuesday as investors continued to worry about policy uncertainties amid China's government intervention.
According to Fastmarkets MB, benchmark 62 percent Fe fines imported into Northern China were changing hands for 135.78 a tonne during morning trading, down 1.4 percent compared to Monday's closing.
Tháinig laghdú 0.1 faoin gcéad go dtí 685 yuan (108.04) in aghaidh an tona ar na todhchaíochtaí is gníomhaí amhiarainn ar Mhalartán Tráchtearraí Dalian do sheachadadh na Bealtaine. Bhí siad suas chomh mór le 4.9 faoin gcéad go 719 yuan tonna níos luaithe le linn an tseisiúin.
"Iron ore is now caught between two opposing policies in China," Commonwealth Bank of Australia commodity analyst Vivek Dhar said in a note.
"Policymakers are keen to limit inflation linked to higher iron ore prices. Their determination to keep iron ore prices in check is particularly strong given their belief that non-market forces like speculation are at play."
Mar sin féin, tá corrlaigh ag muilte cruach réasúnta mar go bhfuil sé mar aidhm ag údaráis borradh a chur faoin bhfás eacnamaíoch, atá ag tacú le praghsanna méine iarainn, de réir an nóta.
The country's four biggest banks on Monday lowered mortgage rates in Guangzhou city by 20 basis points in a fresh move to support the property sector, according to people familiar with the matter.
Tá díolacháin tí sa tSín ag titim ó mhí Iúil, rud a rinne géarchor airgid i measc forbróirí. Thosaigh díolacháin i gcathracha ardleibhéil ag titim go déanach anuraidh, léirigh sonraí ó China Real Estate Information, tar éis do rialtóirí rialacha maoinithe a theannú chun rioscaí a mhaolú.
Meanwhile, China's finance minister vowed to implement bigger cuts in taxes and fees this year and strengthen coordination between fiscal and monetary policy.
Leigh Nios mo: Luaigh pleananna na Síne-ardán tacaithe chun amhiarainn a cheannach
(Le comhaid ó Bloomberg agus Reuters)