SMM, 15 October:
Shanghai tin 2001 contract last night after the opening of 137350 yuan / ton, the beginning of the session maintained in the daily average of 137300 yuan / ton horizontal finishing, then Shanghai tin quickly fell to a night low of 136180 yuan / ton after hitting the bottom, back below the opening price. After the opening of 136990 yuan / ton in early trading this morning, it remained in the vicinity of 136700 yuan / ton below the daily average line, and finally closed at 136850 yuan / ton, down 370 yuan / ton, or 0.27%. The trading volume was 27176 hands, the position was 39944 hands, and the number was reduced by 248 hands. Today, Shanghai tin closed with a small negative line, the physical part is located near the 20-day moving average, the bottom is supported by the 5-day moving average, and the lower shadow line is supported by the 10-day moving average. It is expected that the resistance above Shanghai tin is near the previous platform high of 138000 yuan / ton, and the lower support is near the 10-day moving average of 136000 yuan / ton. Today, Shanghai tin 1910 contract delivery, as of today's close Shanghai tin 1910 contract closed at 136000 yuan / ton, settlement price of 135490 yuan / ton, with Shanghai tin 1911 contract price difference of 540 yuan / ton, position 12 hands, delivery volume 6 hands.
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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