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[SMM Hu Xi KuaiBao] downstream demand procurement tin market transactions have warmed up
Oct 31,2019 13:10CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, Oct. 31: Shanghai tin main 2001 contract showed a trend of first suppression and then rise after the opening of the market this morning. As of noon, the latest price of tin in Shanghai was 138430 yuan / ton. In the spot market, the mainstream transaction price this morning was 137000-139500 yuan / ton, and there were some low-priced goods near 136500 yuan / ton in the market. Smelter quotation remains strong, the actual shipment situation is OK, some traders and downstream enterprises today from the smelter procurement. As far as traders are concerned, downstream enterprises have picked up their purchases on demand, and the supply of goods in the market has been favored when the tin plate in Shanghai fell in the morning market. Shanghai tin spot market today affected by downstream procurement, the transaction atmosphere has warmed up. Shanghai period tin 2001 contract next monthly ticket set cloud tin rising water 600-800 yuan / ton, ordinary cloud word discount 200-400 yuan / ton, small brand discount 600-1000 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

Wednesday, 6 November in the morning

Wednesday afternoon 6 November

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 16-20-17-00 Futures hedge Business

18: 00-20: 00 reception dinner

Thursday, November 7, morning

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

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

 

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