[SMM Shanghai tin express] the tin center of gravity in Shanghai has maintained a high level, and some traders have made purchases.

Published: Apr 13, 2020 12:25

SMM, 13 April:

Spot market, this morning mainstream transaction price 130500-133000 yuan / ton. In the morning, the center of gravity of tin disk in Shanghai maintained a high level, some traders in Shanghai received the goods relatively actively, the purchasing willingness of downstream enterprises was general, and the market transaction situation was mixed. Shanghai tin spot market overall transaction atmosphere slightly warmed up. Shanghai tin 2006 contract set Yunxi rising water 5000-5500 yuan / ton, ordinary cloud word rising water 45005000 yuan / ton, small brand rising water 4500 yuan / ton.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[SMM Shanghai tin express] the tin center of gravity in Shanghai has maintained a high level, and some traders have made purchases. - Shanghai Metals Market (SMM)