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Tin review: market demand does not improve now tin hard to rise further

by:Deyuan      2020-12-25
【 Abstract 】 Late yesterday, the Shanghai composite index rose improve market sentiment, Aaron tin market steadied late closed up $125, the recent market demand is not improved significantly, but the spot tin city hold the shipper's price, spot tin today is expected to be stabilizing.

【 The futures market 】 Yesterday a strong stock market performance, market sentiment to get support, tin situation stabilized, and late late closed up $125, the latest closing price of $16280, or 0. 77%; Shanghai tin on main 1609 contract today opening price 108960 yuan rise 580 yuan, guiltless, 1605 contracts the latest quotation for 108090 yuan fell 290 yuan; Short-term market news co. , LTD. , Shanghai tin or maintain the shock consolidation trend.

London metal exchange ( LME) 31 the LME tin the latest inventory of 7195 metric tons, inventory increase than the previous trading day 80 metric tons.

( sn. ) Expected: hold the shipper's price generally, recent spot tin price rise for three consecutive days, but not the current market demand is obviously improved, prices rise further still have pressure, Shanghai tin consolidation today, is expected to spot tin co. , LTD.
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