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Tin review: waiting for the fed meeting in September showed weaker in tin

by:Deyuan      2020-12-25
【 Abstract 】 Investors are reluctant to take big positions before the fed meeting next week, night Aaron tin fell $240; Chinese festival holiday will come, more investors wait to expect Shanghai tin weak shocks, is expected to tin dipped.

【 The futures market 】 The federal reserve will hold a two-day policy meeting next week, investors are not willing to take big positions before then, evening tin low consolidation, closed down $240 to $19000, down to 1. Is 25%; Volume 980, 19935 holdings of an increase of 178 hands. Today Shanghai tin low open, first month 1701 contracts opened 122800 fell 1720 yuan; 9:30 p. m. the latest price at 123230 fell 1290 yuan; Days Shanghai tin or remain weak.

London metal exchange ( LME) Tin the latest inventory of 4215 metric tons, 12 stocks than the previous trading day to reduce 75 metric tons.

( sn. ) Expected: the Mid-Autumn festival holiday will be closed for three days, in the domestic market at present, a lot of investors wait to expect Shanghai tin weak turbulence, tin material spot prices fell slightly.
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