The demand for contract replacement funds to leave the market is strong [SMM Tin Weekly selection]

Telah Terbit: Oct 23, 2021 10:42
Sumber: SMM
[SMM Tin Weekly selection] from a supply point of view, according to the preliminary investigation of SMM, the smelter's output is expected to increase in October, mainly due to the weakening of smelters in Guangxi due to power cuts, and it can be seen on the spot market that the product has gradually entered the market. On the other hand, the rise in processing fees has stimulated the production enthusiasm of enterprises, and it is understood that some of the original production lines that were suspended due to low processing fees have been gradually restored.

"SMM Tin Industry chain Weekly report" is released. SMM will select hot topics, prices, quotations or major changes in the industry chain and release information for your reference.

The following is an excerpt from the weekly report of SMM tin industry chain:

Shanghai tin 2111 prices hit a new high this week after the trend to maintain a high range volatility. By the close of trading on the 5th of this week, the cumulative price increase was 0.98%, and the total increase or decrease in position difference was-6923 hands. The trend of Lunxi is similar to that of Shanghai Tin this week, with prices hitting an all-time high of US $38800 / tonne during the week, and prices remain high and volatile as of press time. Thursday's closing price closed at $36825 a tonne, with weekly volatility of 0.23% as of press time. The Shanghai-Lun ratio fluctuated to around 7.73. As of Friday, Lunxi inventory of 975 tons, LMEcash contract to maintain a rise of about 1400 U.S. dollars / ton.

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Catalogue of "SMM Tin Industry chain Weekly report" in this issue

Main points of this issue's weekly report

Futures trend

Spot market

Review of tin ingot market

Summary of Raw material Market

Profit and loss on import and export of refined tin

Outlook for the future

[China Tin Industry chain High-end report] China Tin Industry chain monthly report includes macro interpretation, monthly tin price review, interpretation of hot events such as various sections of the tin industry chain (tin ingots, tin mines), and future forecasts, and Synchronize releases monthly relevant enterprise operating rate and inventory survey data, covering the entire tin industry chain.

[China Tin Industry chain routine report] China Tin Industry chain Weekly report includes macro interpretation, weekly tin price review, market trends such as various sections of the tin industry chain (tin ingots, tin mines), weekly social inventory, and future forecasts. a comprehensive interpretation of the tin market during the week.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

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