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[selected SMM Weekly] the overall center of gravity of the tin disk in Shanghai is relatively stable, and the spot market performance is relatively stable.
May 9,2020 08:14CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

"SMM Tin Industry chain Weekly report", the weekly report SMM will select one of the hot topics, prices, market or major changes in the industry chain information published for your reference.

The following is an excerpt from the SMM Tin Industry chain Weekly report:

 

The overall performance of the Shanghai-tin spot market this week was relatively stable. In terms of prices, at the beginning of the May Day holiday, driven by the rise in the center of gravity of the Shanghai tin 2006 contract and the relatively strong impact of the spot rise, the spot price of Shanghai tin followed the rise. Then, because the overall trading situation of Shanghai tin spot market is relatively weak, and the overall center of gravity of Shanghai tin 2006 contract is stable, the spot price of Shanghai tin remains relatively stable during the week. In terms of market transactions, there is less overall demand for downstream enterprises to maintain a state of procurement during the week. Traders made purchases on Friday. The overall trading atmosphere in the Shanghai-tin spot market this week is generally weak. On Friday, the spot price of Shanghai tin remained at 133500-135500 yuan / ton, with an average price of 134500 yuan / ton, up 1000 yuan / ton from the last trading day of last week. In terms of discount, the spot water range during the week was generally relatively stable. On Friday, the Shanghai tin 2006 contract set Yunxi rose 5000 yuan / ton, ordinary Yunzi rose 4, 000-4, 500 yuan / ton, and small brand rose 3500 yuan / ton.

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[high-end report of China Tin Industry chain] the monthly report of China Tin Industry chain includes macro interpretation, review of tin prices within the month, interpretation of hot events such as tin ingots and tin mines, etc., and simultaneous release of monthly relevant enterprise operating rate and inventory research data, covering the entire tin industry chain.

[China Tin Industry chain routine report] the China Tin Industry chain Weekly report includes macro interpretation, review of tin prices during the week, market trends such as various sections of the tin industry chain (tin ingots, tin mines), weekly social inventory, and future forecast. A comprehensive interpretation of the tin market during the week.

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