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Tin review: the market supply and demand are delicate tin price fluctuation space is limited

by:Deyuan      2020-12-25
【 Abstract 】 The fed hinted that will increase the pace slow years drag down the dollar down, basic metal vibration late rebound, tin rose 1. 41%; Today's price of the domestic market, grocers, spot tin price or price co. , LTD.

【 The futures market 】 European markets were closed on Monday, the market fundamentals news, investors still hot prospects for the fed to raise interest rates, the fed hinted that will increase the pace slow years drag down the dollar down, tin overnight rose, the latest closing price of $16950, up $235, up to 1. 41%; Today Shanghai tin on main contract opening price 107870 yuan RMB 30, 1609 9:30 p. m. 1605 contract latest offer to 108370 yuan, 530 yuan; Short-term support factor is insufficient, Shanghai tin or continuation of consolidation this week.

London metal exchange ( LME) 16 the LME tin the latest inventory of 6520 metric tons, inventory increase than the previous trading day 95 metric tons.

( sn. ) Expected: the mixed data recently, the us dollar has down temporarily supported metals, nickel material today Shanghai strong consolidation; The domestic market supply and demand are light, hold the shipper's price, now is the spot tin went sideways.
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