Color: 20, tin stability market clinch a deal is a bit better than yesterday
Shanghai: Shanghai tin movements today tin contract performance weak, 2001 Shanghai tin main month contracts opened down quickly, then held steady, late rise and recover all losses and opening price 130830 yuan/ton, high of 131490 yuan/ton, the lowest 130100 yuan/ton, settlement price 130750 yuan/ton, closed at 131260 yuan/ton, closed down $120, or 0.
First month contract deal 2001 to 26532 of an increase of 5084 hands, 2940 to 32542 hand holdings increased;
Today Shanghai tin all contracts 37618 hand cut 4220, 312 to 45036 hand more holdings.
Beijing time 15:00, Aaron tin latest at $16445, down $5.
today spot tin trend: on August 20, the Yangtze river nonferrous net 1 # 131500 - tin
Average price 133000 yuan/ton, 132250 yuan/ton, flat, huatong market quotation 131550-1 # tin
133050 yuan/ton, the average price of 132300 yuan, flat.
Today, yunnan tin company YunXi 140000 yuan/ton, traders offer YunXi near 133500 yuan/ton, other cloud near 132000 yuan/ton, but small card near 131500 yuan/ton.
Malaysia today tin spot prices fell $250, to $16350 per ton, volume of 21 tons, volume rose 5% from the previous day.
tin market analysis: today, the domestic spot tin price stability, refinery delivery enthusiasm, there exist certain replenishment demand downstream, traders in the market in succession to find goods procurement, the whole deal was slightly better than yesterday.
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