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Tin review: the last trading day before the businessman cautious wait-and-see

by:Deyuan      2020-12-23
【 Abstract 】 Recent agencies are cut in the fed to raise interest rates next week, night Aaron tin situation stabilized slightly closed up $10, tin or weak consolidation, lack of support within Shanghai spot tin modest decline is expected today.

【 The futures market 】 Recent agencies are cut in the fed to raise interest rates next week, Goldman sachs will likely cut from 40% to 25%, the evening tin situation stabilized, and closed up $10 to $19010, volume 367, holdings of 20385 an increase of 450 hands. Today Shanghai tin 1701 contracts opened 123020 main month 70 yuan; 9:30 p. m. the latest price at 122130 fell 820 yuan; The lack of positive guidance, days after the Shanghai tin or weak consolidation.

London metal exchange ( LME) 13, tin the latest inventory of 4215 metric tons, inventory from the previous trading day unchanged.

( sn. ) Expected: the last trading day before the Mid-Autumn festival in the domestic market, investors are more wait-and-see attitude, the downstream businesses also cautious wait-and-see, this spot tin down slightly.
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