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Tin review: a stronger dollar tin metal pressure of consolidation

by:Deyuan      2020-12-23
【 Abstract 】 Dollar's strength base metal pressure, evening high tin rushed back closed with $10, China's manufacturing growth slowed the market expectations of more stimulus measures China renewed, this tin hope now stabilized.

【 The futures market 】 Night dollar force base metal under pressure, high tin rushed back and closed with $10, the latest closing price is $17865; Shanghai tin on main 1609 contract today opening price 119820 yuan rise 290 yuan, 9:30 p. m. 1609 contract latest offer for 119090 fell 440 yuan; Investors will focus on the frequent economic news this week, including Australia's central bank and the bank of England policy meeting, and Friday's U. S. jobs report; Would like to term metal movements, tin material today Shanghai consolidation is given priority to.

London metal exchange ( LME) 1 tin the latest inventory of 5540 metric tons, the previous trading day inventory to reduce 150 metric tons.

( sn. ) : we expect China's data quality ginseng, Chinese manufacturing growth market expectations of more stimulus measures China renewed, Shanghai metal shock consolidation, spot tin today is expected to be stabilized.
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