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Tin tin tin review: Aaron inventory continues to reduce support price

by:Deyuan      2020-12-23
【 Abstract 】 Supported by Aaron tin inventory continues to decline, London tin rally closed up $70, below 20 average daily gain support; Today Shanghai tin or higher, is expected to spot tin prices rose slightly.

【 The futures market 】 U. S. stocks yesterday dipped back plate stabilizing, base metals have different performance, London tin rebound, closed up $70, the latest closing price to $19870, or 0. 35%; Volume 140 hand cut 128 hands, holdings of 20515 an increase of 181. Today Shanghai tin on main 1701 contract opened 129200 yuan rise 560 yuan; 9:30 p. m. the latest price rose to 128910 yuan, 270 yuan; In September the fed meeting minutes in line with market expectations, some members said to wait for more data. Tin is expected today Shanghai strong finishing.

London metal exchange ( LME) Tin the latest inventory of 3370 metric tons, 12 stocks than the previous trading day to reduce 30 metric tons.

( sn. ) Expected: the LME tin inventory continues to reduce price support, tin below 20 daily average price obtained support; Currently Shanghai tin market strong, spot tin is expected to rise further today.
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