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[SMM Shanghai Xi KuaiBao] the spot price of Shanghai tin has fallen sharply.
Jul 11,2019 12:22CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 month 11 news: today's Shanghai tin main 1909 contract early to noon by the short pressure fell sharply to 134430 yuan / ton. Spot market, this morning mainstream trading price 136100 137100 yuan / ton. Subsequently, the tin plate in Shanghai fell sharply by more than 2000 yuan per ton, and some traders suspended shipments, while the rising supply range of most sets in the spot market did not rise significantly, and the actual transaction situation did not improve with the fall in prices. Only a small number of downstream rigid demand replenishment. All in all, the overall trading atmosphere of the Shanghai-tin spot market this morning is general. Set Yunxi rising water 1000 to 1100 yuan / ton, ordinary cloud character rising water 800 yuan / ton, small brand rising water 300 to 500 yuan / ton.

"Click to view SMM historical price data

2019 (9th) Tin Industry chain Trading Summit

In the first half of 2019, the mine supply remained in a tight balance. Under the influence of China's overall economic situation and Sino-US trade war factors, the market demand situation has declined compared with the same period last year, the market de-inventory process has been slow, and the tin city has maintained a state of weak supply and demand as a whole. On the external side, Indonesia's tin ingot exports rose 43 per cent in April from a year earlier, coupled with a sharp increase in Chinese refined tin exports from January to April. At present, the stock of tin has risen to 6305 tons at one point, and the trend of tin has been under pressure. Where will the tin price go in the future? Will the continuous decline in tin prices affect the enthusiasm of miners to ship goods, thus aggravating the pattern of tight supply at the mine end? When will downstream demand recover? Will the development of 5G become a new consumption growth point of tin demand? 2019 (9th) tin industry chain trading summit invites you to explore the mysteries of tin city.

Highlights of the meeting:

Schedule of meetings:

Thursday November seventh in the morning

Thursday November seventh in the afternoon

13-30-13-35 opening address

13-45-14-35 2019 Global macroeconomic situation and commodity investment opportunities

Market Dynamics and supply Forecast of Tin Mine at Home and abroad

15-10-15-40 tea break communication

Hot spot attention and Future Forecast of Chinese Tin Market from 15 to 40 to 16 to 20 to 2019 to 2020

Risk Management of 16-20-17-00 Futures hedge Business

18: 00-20: 00 reception dinner

Friday morning November eighth

Analysis on the present situation and Development trend of Technical Application of 09 / 09 / 40 Solder Industry

Application Progress of Tin negative electrode Materials for 09 / 40 / 10 / 20 Lithium Ion batteries

Consumption and Investment Prospect of 10-20-11-00 Tin in Semiconductor Industry

New trend of Tin Terminal consumption in 110011405G era

12: 00-13-30 buffet lunch

14-30-16-30 physical visit

Closing of the General Assembly

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