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Short-term tin tin review: Indonesia's exports to reduce support or hold steady

by:Deyuan      2020-12-25
【 Abstract 】 Indonesia's exports plummeted continue bullish market, the news of London tin outshine others closed up $170, but copper prices tumbled drag on the commodity market sentiment, today Shanghai tin or low consolidation, material is tin co. , LTD.

【 The futures market 】 Indonesia's exports plummeted continue bullish market, the news of London tin outshine others, closed up $170, the latest closing price for $16650, up to 1. 03%; Influenced by outside dish up, today Shanghai high tin, first month 1605 opening price of 107110 yuan in 450 yuan, 9:30 p. m. the latest quotation for 106300 yuan down 1605 360 yuan; Tin slump dragged down by the surrounding metal, Shanghai high low, today Shanghai tin consolidate.

London metal exchange ( LME) 7 LME tin the latest inventory of 4875 metric tons, inventory from the previous trading day unchanged.

( sn. ) Caution is expected: copper prices fell sharply to market to heat up, but supported by the Indonesian exports to reduce tin city, today Shanghai tin limited declines, expect spot tin held steady.
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