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Tin review: the rise in crude oil to drive the market sentiment, but the referendum uncertainty concerns limit prices rally

by:Deyuan      2020-12-25
【 Abstract 】 Overnight crude oil rose to drive market sentiment, Aaron tin rose 0. 53%, but investors remain cautious before the referendum, market light volume, short-term strong wait-and-see mood, today is tin or co. , LTD.

【 The futures market 】 API crude oil inventories fell more than expected to boost the price of crude oil, oil prices posted three even higher, night Aaron tin concussion higher, closed up $90 to $17150, or 0. 53%; Today Shanghai tin low open, main 1609 contract opening price 110850 yuan fell 720 yuan, guiltless, 1605 contracts the latest quotation for 111430 yuan fell 140 yuan; Short-term in tin city very weak, Shanghai tin weak consolidation is expected today.

London metal exchange ( LME) 21 tin the latest inventory of 6275 metric tons, the previous trading day inventory to reduce 85 metric tons.

( sn. ) Expected: the British referendum markets wait-and-see atmosphere, uncertainty and anxiety is aggravating, commodity market light volume; Today Shanghai tin weak consolidation, downstream light volume, is expected to spot tin co. , LTD.
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