Tin review: tin the poor economic prospect of weak demand to fall
【 The futures market 】 Recent economic data from all over the world were generally weak, the current international financial situation is still in June for the U. S. federal reserve may be cautious about raising interest rates, investors took profits in the evening, the international metal also fell, Aaron tin fell $255, the latest closing price of $17160, down to 1. 46%; Shanghai tin low open today, the opening price of 110500 yuan, 1605 contract fell 1090 yuan per month, 9:30 p. m. 1605 contract latest offer for 105600 fell 4110 yuan; Intraday market atmosphere is bearish, Shanghai tin or weak performance.
London metal exchange ( LME） 9 the LME tin the latest inventory of 5875 metric tons, the previous trading day inventory to reduce 75 metric tons.
（ sn. ） Expect: weekend in April released by the China import and export data both weak repression of metal demand outlook, spread the market pessimism, today Shanghai tin losses, spot tin is expected to fall.
【 Tin city information 】 On May 6, foreign media news, the international association for the study of tin ( ITRI） Said on Friday, the Indonesian ministry of trade, according to preliminary data released Indonesia, April exports is greatly increased. Indonesia, April exports for 6910. 78 tons, a 36% increase over the same period of last year, close to march exports of 7190 tons. , according to the international association for the study of tin as of April 12 months, the Indonesian tin exports only slightly more than 62000 tons, the since August stricter export rules and extreme monsoon weather drag in the first quarter of this year.