Color: 26 falling tin market clinch a deal to turn pale
Shanghai: Shanghai tin movements today tin low, main Shanghai tin on opening price 129300 yuan/ton, 2001 contract high of 130400 yuan/ton, the lowest 127700 yuan/ton, settlement price 128850 yuan/ton, closed at 128800 yuan/ton, closed down $1160, or 0.
2001 contract main month 30994 hand cut 6102 hand, 1268 to 38802 hand holdings increased;
Today Shanghai tin all contracts 34372 hand cut 6660, 494 to 48282 hand more holdings.
today spot tin trend: on August 26, the Yangtze river nonferrous net 1 # 130500 - tin
Average price 132500 yuan/ton, 131500 yuan/ton, down 250 yuan, huatong market quotation 130550-1 # tin
132550 yuan/ton, the average price of 131550 yuan, down 500 yuan.
Today, yunnan tin company YunXi 140000 yuan/ton, traders offer YunXi near 132500 yuan/ton, other cloud near 131000 yuan/ton, but small card near 130500 yuan/ton.
tin market analysis: today, the domestic spot prices fell, nearly two weeks since myanmar imported tin ore quantity increased, the shipper will delivery improvement, downstream of the stock is sufficient, replenishment will generally, clinch a deal from Friday to turn pale.
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