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[brief review of tin in SMM period] tin pressure concussion in internal and external disk period
Oct 31,2019 18:08CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 31 October:

Shanghai tin main force 2001 contract last night after the opening of 138690 yuan / ton, at the beginning of the market by the impact of the long departure quickly fell to 138200 yuan / ton near after a small rise, and then until the end of the night, Shanghai tin overall maintained in the daily moving line of 138300 yuan / ton shock finishing. After the opening of 138230 yuan / ton in early trading today, affected by the increase of short positions and the departure of short positions at the beginning of the session, tin in Shanghai showed a trend of restraining and then rising, with the lowest falling to an intraday low of 137820 yuan / ton, and then rebounding to 138400 yuan / ton above the daily average line and consolidation, and finally closed at 138340 yuan / ton, down 410 yuan / ton, down 0.3%. The trading volume was 20180 hands, the position was 39230 hands, and the number was reduced by 1194 hands. The overall center of gravity of Shanghai tin is stable today, and the support below Shanghai tin is expected to be near the 20-day moving average of 137600 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 seventh in the morning

Thursday, November 7th, in the afternoon.

13-30-13-35 opening address

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 110011405G 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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