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[a brief Review of Tin in SMM period] the overall consolidation pattern of tin in Shanghai period will be maintained within the next few days.
Oct 30,2019 17:08CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, Oct. 30 / PRNewswire-Asianet /-

After the main 2001 contract of Shanghai tin opened 138440 yuan / ton last night, it quickly rushed up to 138700 yuan / ton at the beginning of the session, and then remained consolidated near 138700 yuan / ton above the daily average line until the end of the night. After the opening of 138830 yuan / ton in early trading today, it continued the consolidation trend of last night, and finally closed at 138750 yuan / ton, showing a small positive line, with the physical part near the 5-10 moving average. It is expected that the support below Shanghai tin is near the 20-day moving average of 137600 yuan / ton, and the upper resistance is near the integer level of 140000 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.

Meeting schedule

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

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 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 10-20-11-00 Tin in Semiconductor Industry

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

Scan the QR code below to sign up for the tin summit

 

A brief comment on Xi Xi

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