Tin review: inventory decline for tin supported moves
【 The futures market 】 Last week, U. S. non-farm payrolls data may not as good as expected, the probability of market for the fed to raise interest rates this month fell from 22% to zero, the dollar last week, tin in domestic rose 0 during the Dragon Boat Festival. 98% above 17000 pressure; Today Shanghai high tin, first month 1609 opening price of 109860 yuan in 780 yuan, guiltless, 1605 contracts the latest quotation for 110680 up to 1600 yuan; China holidays international metal rise generally, Shanghai stock market sentiment so warm today, Shanghai tin or catch up.
London metal exchange ( LME） 10 tin the latest inventory of 6575 metric tons, the previous trading day inventory to reduce 90 metric tons.
（ sn. ） Than expected: recent tin inventory continues to fall, 7370 tons of nine months early this month high, as of Friday, Aaron tin inventory has fallen by nearly 11%, Shanghai tin by stocks around, the inventory falling inventories support both at home and abroad, positive short-term Shanghai tin movements, spot tin edged up today.
【 Tin city information 】 China customs according to the latest figures of tin ore and concentrate imports in April 46197 tonnes ( Gross weight) , the content of tin is estimated to be 5500 tons. Total quantity is similar to last month's data in April, but compared to 2015 increased by 40% in April. In the first four months of this year from myanmar imports amounted to 174868 tons, is estimated at close to 21000 tons of tin content.