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[SMM Shanghai Xi KuaiBao] the spot price of Shanghai Tin fell and the buying interest of downstream enterprises was weak.
Jul 15,2019 11:45CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 15-month news: Shanghai tin main 1909 contract opened this morning after the center of gravity continued to move down, the latest price is 133500 yuan / ton. Spot market, this morning the mainstream transaction price 134000 to 134700 yuan / ton, Shanghai tin plate decline led to Shanghai tin spot rising water range by the widening, but the previous consumption of future demand led to today's tin price decline also failed to attract downstream enterprises to replenish goods, the overall trading atmosphere in the spot market is light. Set Yunxi rising water 1000 to 1200 yuan / ton, ordinary cloud word rising water 800 to 1000 yuan / ton, small brand rising water 500 to 700 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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