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[SMM Shanghai tin express] the spot price of shanghai tin is strong and the transaction in the market is generally weak

iconApr 8, 2020 12:26
Source:SMM

SMM, 8 April:

Spot market, this morning the mainstream transaction price 124500127000 yuan / ton, Shanghai early tin plate center of gravity down, but the spot price did not significantly follow. In terms of transaction, only a small number of traders and downstream enterprises purchase cautiously in the morning, the source of low-price small-brand goods is relatively favored, and the overall transaction atmosphere of Shanghai-tin spot market is generally weak. Shanghai tin 2006 contract set Yunxi rising water 6500-7000 yuan / ton, ordinary cloud word rising water 5000-5500 yuan / ton, small brand rising water 4500 yuan / ton.

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