Tin tin review: waiting for the results fed meeting Shanghai shock consolidation
【 The futures market 】 API oil inventories unexpectedly sharp drop of demand of improving prospects want, U. S. crude oil rebounded strongly on Tuesday, commodity market sentiment also get a boost, tin go up again, and closed up $120, the latest closing price at $19350, or 0. 62%; Volume 229, holdings 20431 hand cut 241 hands. Shanghai open tin slightly higher today, 1701 contracts opened 124640 main month 140 yuan; 9:30 p. m. the latest price down to 124130 yuan, 370 yuan; Short-term remained below support, is expected to Shanghai tin beneath the space is limited.
London metal exchange ( LME） 20 tin the latest inventory of 3750 metric tons, the previous trading day inventory to reduce 75 metric tons.
（ sn. ） Expected: the market expect the fed to keep interest rates unchanged, but may or provide clues to raise interest rates in December, so in market sentiment towards cautious, before the end of the fed's policy meeting days Shanghai tin or consolidation, material spot tin steady today.