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Review: tin tin well to rise by more than 18% this year

by:Deyuan      2020-12-25
【 Abstract 】 China's economic data driven by optimism, red global equities were routed on Wednesday, metal prices continue strong, London tin up 1. 58%, year tin, tin today now is expected to continue to rise.

【 The futures market 】 China's economic data driven by optimism, red global equities were routed on Wednesday, the overnight international metal continue strong, Aaron tin rose $265 to $17065 in nearly three weeks; Shanghai high tin all open today, first month 1605 opening price of 110810 yuan in 560 yuan, 9:30 p. m. 1605 contract latest offer to 112560 yuan, 2310 yuan; Tin or continue strong bull market, Shanghai.

London metal exchange ( LME) 13 the LME tin the latest inventory of 4840 metric tons, the previous trading day inventory to reduce 75 metric tons.

( sn. ) Expect: since this year tin star performers, tin spot prices rose more than 18% during the year, as one of the best metal varieties this year, is now tin price is controlled in 112000 yuan/ton, the price for July 23 last year highs; Short-term bullish factors increase, the Shanghai tin stay strong, now tin rise further today.
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