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[SMM Shanghai Xi KuaiBao] spot quotation polarization due to collapse of Tin disk in Shanghai Stock Exchange
Jul 3,2019 12:26CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 3-month news: spot market, this morning smelters and traders quoted price differentiation, due to yesterday's capital pressure Shanghai tin plate plummeted about 10000 yuan / ton, smelters are limited by the production cost quoted price is higher than 140000 yuan / ton, some smelters receive goods at a low price in the market. Traders today due to the source of goods set reasons for the mainstream offer is 133500 to 135000 yuan / ton, downstream enterprises due to the Shanghai tin spot price is on the low side of the purchase, the spot market today trading atmosphere is general. Set Yunxi rising water 2500 yuan / ton, ordinary cloud character rising water 1600 yuan / ton, small brand rising water 1000 yuan / ton.

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