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Tin review: the global supply shortage materials tin tin city support after stabilized

by:Deyuan      2020-12-25
【 Abstract 】 Evening the fed statement in line with market expectations, tin fell nearly 1%, and the world tin city supply shortage, the current prices below support strong, maintain stable tin short-term is expected to Shanghai, downs today is tin co. , LTD.

【 The futures market 】 Evening the fed on hold, because of the job market continues to improve, but said its strongly suggested could still tightening monetary policy, by the end of the London tin disadvantaged consolidation, closed down $190 to $19280, down nearly 1%; Volume 319, 20997 holdings of an increase of 566 hands. Today Shanghai tin on main 1701 contract opened 123670 fell 820 yuan; 9:30 p. m. the latest price rose to 124770 yuan, 280 yuan; The dollar fell after the fed's announcement supported metals, tin is expected today Shanghai situation stabilized.

London metal exchange ( LME) 21 tin the latest inventory of 3745 metric tons, the previous trading day inventory to reduce 5 metric tons.

( sn. ) Expect: world metal statistics, according to data released on Wednesday 1 - this year July global report of the refined tin output increases by + 1 from the same period a year earlier. 1-470000 tons, The global demand of tin is 22 July. 300000 tons, 4 increase from the same period in 2015. 1%. Global tin city supply shortage, tin get strong support performance, now is the spot tin held steady.
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