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Tin review: the fed statement partial pigeon tin with other metal

by:Deyuan      2020-12-25
【 Abstract 】 The fed's dovish statement eased market concerns that night Aaron tin hold some gains, investors remain sceptical about China's economic growth, short-term Shanghai tin with rose slightly less than kinetic energy, is expected today now tin stabilization is given priority to.

【 The futures market 】 Evening the fed statement more dovish than expected, eased market concerns, Aaron sharply higher between tin at close to 3%, but investors concerns about whether Britain will be out of the eu remain, Aaron tin late fall, closed slightly rose $50, the latest closing price to $16905; Today Shanghai tin first month 1609 opening price of 112080 yuan in 530 yuan, guiltless, 1605 contracts the latest quotation for 112630 yuan rise 1080 yuan; Investors remain doubts about China's economic growth, expected short-term Shanghai tin limited upside.

London metal exchange ( LME) 15, tin the latest inventory of 6305 metric tons, the previous trading day inventory to reduce 130 metric tons.

( sn. ) Expected: the recent global economic data were mixed, the UK will be held on June 23, the back of the referendum has become the focus of the market; If Britain withdrew the success, so, the U. S. economy and global financial markets are affected. The spot market, the current tin city needs no obvious growth, downstream businesses strong wait-and-see mood, tin city clinch a deal is difficult to improve, today's spot tin or to rise slightly.
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