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Tin tin review: the global stock market stronger Aaron refresh a year and a half high

by:Deyuan      2020-12-23
【 Abstract 】 Global equity markets higher boost commodity market sentiment, every Zhou Lunxi closed up 1. 72% in nearly a year and a half high, market supply tightening expectations up short-term tin, tin today Shanghai stronger material with tin price to go up to now.

【 The futures market 】 By the bank of England cut interest rates and the massive stimulus measures, global stock markets higher on Friday night, base metals by boosting, every Zhou Lunxi sharply higher, late rose $310, to $18350, since early last year 2 set new highs; Shanghai tin on main 1609 contract today opening price 120340 yuan rise 940 yuan, 9:30 p. m. 1609 contract latest offer for 120310 up to 910 yuan; The United States economy is expected to prop up, today Shanghai tin to maintain strong trend.

London metal exchange ( LME) 5, tin the latest inventory of 5450 metric tons, the previous trading day inventory to reduce 25 metric tons.

( sn. ) Expected: affected by policy and equipment maintenance, sharply reduce the number of tin smelter, around the country since the middle of last month in yunnan, guangxi, jiangxi area most of the tin smelter to suspend production or production, involved in production or production of smelter capacity of nearly 110000 tons, accounting for about 45% of the total domestic output, and the specific production time is still not clear. Market supply tightening expectations up short-term tin, tin today Shanghai stronger material with tin price to go up to now.
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