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Tin tin review: the us housing data is good, very weak inside

by:Deyuan      2020-12-23
【 Abstract 】 Late U. S. existing home sales big super market expectations for the commodity prices, London tin benefit closed up $115, failed to respond to market demand, the downstream market cautious, limited spot tin is expected to rise.

【 The futures market 】 According to the latest figures, the United States in April pending home sales index rose 5. 1%, exceed market expectations, and to the highest level in ten years, night market sentiment to get support, Aaron tin benefit rise, late closed at $15760, up $115, or 0. 74%; Shanghai tin on main 1609 contract today opening price 106300 yuan rise 790 yuan, guiltless, 1605 contracts the latest quotation for 106050 yuan rise 540 yuan; Short-term market sentiment and Shanghai tin consolidation or not closed.

London metal exchange ( LME) 26 the LME tin the latest inventory of 7045 metric tons, inventory increase than the previous trading day 65 metric tons.

( sn. ) Expect: short-term demand side and the downstream enterprises lack of order, the merchants in the market cautious, tin city afternoon, short-term pressure on the still more apparent, now is the spot tin co. , LTD.
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