SMM, 11 Oct:
Shanghai tin main force 2001 contract last night after the opening of 136520 yuan / ton, the overall end of the session in 136600 yuan / ton near a wide shock, the highest rushed to a daily high of 137050 yuan / ton after being blocked to fall back. After the opening of 136430 yuan / ton in early trading today, at the beginning of the session, as a result of long and short forces, it quickly fell to a daily low of 135590 yuan / ton and then quickly returned to the shock finishing below the daily average line of 136400 yuan / tonne. Finally, it closed at 136150 yuan / ton, down 520 yuan / ton, down 0.38%, trading volume 27272 hands, position volume 38868 hands, down 380 hands. Today, the tin center of gravity in Shanghai has fallen, closed with a small negative line, the physical part of the bottom by the 5-10 moving average support, Shanghai tin is expected to support below the 40-60 day moving average of 135000 yuan / ton.
2019 (Ninth) Tin Industry chain Trading Summit
In the first half of 2019, the supply at the end of the mine remained in a tight equilibrium state. Under the influence of China's overall economic situation and the factors of the Sino-US trade war, market demand has declined compared with the same period last year, the process of de-inventory in the market has been slow, and the tin city as a whole has maintained a state of weak supply and demand. On the outside side, Indonesian 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 one point, the inventory of Lunxi rose to 6305 tons, and the trend of Lunxi was under pressure. Where will tin prices go in the future? Will the continued decline in tin prices affect the enthusiasm of miners to ship goods, thus aggravating the pattern of tight supply at the end of the mine? When will downstream demand recover? Will the development of 5G become a new growth point of tin demand? The 2019 (9th) Tin Industry chain Trading Summit invites you to explore the mysteries of Tin City. "Click to sign up for this summit.
Thursday, November 7, morning
Thursday, November 7th, in the afternoon.
13: 30-13: 35 opening address of the General Assembly
13: 45-14: 35 2019 Global macroeconomic situation and commodity investment opportunities
Trends and supply Forecast of Tin Market at Home and abroad from 14: 35 to 15: 10
15: 10-15: 40 tea break communication
15: 40-16: 20 2019-2020 Hot spots in China's Tin Market and Future Forecast
Risk Management of Futures hedging Business from 16: 20 to 17: 00
18: 00-20: 00 reception dinner
Friday morning November eighth
Analysis on the present situation and Technical Application Development trend of 09: 00-09: 40 Solder Industry
Application Progress of Tin anode Materials for Lithium Ion Battery from 09: 40 to 10: 20
Consumption and Investment Prospect of Tin in Semiconductor Industry from 10: 20 to 11: 00
New trend of Tin Terminal consumption in 11: 00-11: 40 5G era
12: 00-13: 30 buffet lunch
14: 30-16: 30 physical visit
Closing of the General Assembly
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