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Tin review: the market higher drive the market sentiment Shanghai tin situation stabilized

by:Deyuan      2020-12-23
【 Abstract 】 European and American stock market closed higher drive the market sentiment, London tin situation stabilized ended up $30; Moody's raised global base metals industry looking to stable, domestic spot tin or edged up today.

【 The futures market 】 Market gradually absorb the latest economic data and the federal reserve meeting minutes, European and American stock market closed higher drive the market sentiment, basic metal general rise in the overnight, tin situation stabilized, and closed up $30 to $18370 in late, up to 0. 16%; Volume 196, holdings 20098 hand cut 392 hands. Shanghai tin on main 1609 contract today opening price 121710 yuan down 110 yuan, 9:30 p. m. 1609 contract latest offer for 122280 up to 460 yuan.

London metal exchange ( LME) 18 tin the latest inventory of 4895 metric tons, the previous trading day inventory reduce 25 metric tons.

( sn. ) Expect: world metal statistics released on Wednesday, according to a report in 2016-1 June the world tin city supply gap is 0. 720000 tons. 1 - Global refined tin production rose 1 June. 280000 tons. 1 - The global demand for tin to 18 in June. 860000 tons, year-on-year increase 4. 7%. Moody's, a global base metals industry outlook from negative to stable. Shanghai tin moves smoothly, today's spot tin rose slightly.
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