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Tin tin review: the peripheral market poor showing in the weak direction

by:Deyuan      2020-12-23
【 Abstract 】 In the April employment report released on the eve of the U. S. stocks ended up or down now, London tin late small drop $40, Shanghai tin performance against fall, but the atmosphere bearish market, Shanghai tin or weak consolidation.

【 The futures market 】 In the April employment report released on the eve of the U. S. stocks ended up or down now, affected by a stronger dollar overnight London metal down, tin ended down $40, and the latest closing price of $17340; Today Shanghai open tin slightly higher, the current month opening price 113490 yuan rise 300 yuan 1605 contracts, 9:30 p. m. 1605 contract latest offer for 111340 fell 1850 yuan; Shanghai tin performance against fall, but affected by the surrounding market underperformance, days after the Shanghai tin or weak consolidation.

London metal exchange ( LME) 5 LME tin the latest inventory of 5860 metric tons, the previous trading day inventory increase of 125 metric tons.

( sn. ) Is: after the initial jobless claims data more than expected, and yesterday, known as the small non-farm said the ADP national employment report is weak, increase the likelihood of tomorrow's monthly payroll data may be weak, the market sentiment is more pessimistic, tin, weaker today Shanghai spot tin or slightly.
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