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Tin tin review: market digest Chinese data Shanghai continuation of shock consolidation

by:Deyuan      2020-12-23
【 Abstract 】 Crude oil inventories fell unexpectedly to stimulate a strong rebound in oil prices, the London tin benefit closed up $95, with poor digestion recent data on China market, Shanghai tin limited short-term gains, is expected to today's spot prices rise and fall.

【 The futures market 】 The EIA crude oil inventories fell unexpectedly to push oil prices rebound, evening since the second half of the oil and closing high, tin benefit closed up, and the latest closing price rising to $17235 $95; Shanghai tin mixed opening today, opening price 110000 yuan rise 1060 yuan from 1609 contracts, 9:30 p. m. 1609 contract latest offer for 109950 rose 1010 yuan; Market with poor digestion recent data on China, Shanghai is expected to tin limited short-term gains.

London metal exchange ( LME) 11 the LME tin the latest inventory of 6160 metric tons, inventory increase than the previous trading day 110 metric tons.

( sn. ) Is: by a strong rebound in oil prices, driven higher overnight Aaron tin, also held steady night Shanghai tin plate movements; But late European and American stocks fell as investors cautious mood, today Shanghai tin shock consolidation, is expected to spot tin co. , LTD.
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