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Tin review: short positions to support better than other metal tin price movements

by:Deyuan      2020-12-23
【 Abstract 】 The short positions, night Aaron tin has strong, closed up $70, night Shanghai tin plate of high consolidation, market sentiment cautious before non-agricultural data released on Friday, is expected to this spot tin rose slightly.

【 The futures market 】 The short positions, night Aaron tin has strong, closed up $70, the latest closing price is $17300; Today Shanghai tin opened higher, the current month opening price 110890 yuan rise 1590 yuan 1605 contracts, 9:30 p. m. 1605 contract latest offer for 110470 up to 1170 yuan; Night Shanghai tin plate of high consolidation, short-term is expected to maintain strong trend.

London metal exchange ( LME) 3 the LME tin the latest inventory of 5690 metric tons, inventory increase than the previous trading day 115 metric tons.

( sn. ) Expected: traders focus this week will be Friday's U. S. nonfarm payrolls report, it could provide about the U. S. economy and the federal reserve to raise interest rates next time time clues. Today Shanghai tin has strong, spot tin is expected to rise slightly.
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