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Tin review: U. S. manufacturing data in a 16-month high tin was encouraged

by:Deyuan      2020-12-23
【 Abstract 】 Encouraging U. S. manufacturing data helped U. S. stocks rose modestly on Friday, basic metal broadly higher on Friday night, Aaron tin rose 2. High of 18% to nearly two months, Today's spot tin or extended gains.

【 The futures market 】 June, the latest figures show a steady rise in U. S. manufacturing activity, new orders, output and exports are rising, for the weak at the beginning of manufacturing in the United States to gain a foothold in the latest sign that the U. S. stock market rose modestly on Friday, rose for the fourth day, metal prices have been driven, Aaron tin rose 2 on Friday night. 18% to $17375, in nearly two months; Shanghai tin on main 1609 contract today opening price 119000 yuan rise 3690 yuan, guiltless, 1605 contracts the latest quotation for 122710 yuan rise 7400 yuan; Today Shanghai tin is strong.

London metal exchange ( LME) 30 tin the latest inventory of 5985 metric tons, inventory from the previous trading day unchanged.

( sn. ) Expect: data show that the United States in June ISM manufacturing index of 53. 2, more than expected and 5 surveys of 51. 3, in 16 months;
China's stimulus is expected to be much hyped, return the market risk preference today Shanghai tin sharply higher, spot tin or have surged.
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