[SMM Shanghai-tin Express] turnover in the Shanghai-tin spot market is generally weak.

Published: May 18, 2020 11:58

Save

SMM, May 18:

In the spot market, the price quoted today is 134000 won 135500 yuan / ton. In the morning, the price of tin in Shanghai is significantly higher than that in the night market, the price in the spot market has risen somewhat, and some traders and downstream enterprises have purchased it. The overall trading atmosphere in the spot market in Shanghai and tin is generally weak. For Shanghai tin 2007 contract, Yunxi rising water is around 6000 yuan / ton, ordinary Yunzi rising water is around 5000won 5500 yuan / ton, and small brand rising water is around 5000 yuan / ton.

Trading in Shanghai Stock Exchange noon news

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 for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Jintian Titanium: Plans to Raise No More Than 300 Million Yuan Through a Private Placement

Jintian Titanium announced in the evening that the company plans to issue shares to specific investors through a simplified procedure to raise total proceeds of no more than 300 million yuan. After deducting issuance expenses, all proceeds will be used for the Advanced Titanium Alloy Industrialisation Project (Phase II) for high-end equipment, with a total project investment of 376 million yuan.

1 hour ago

2 hours ago

SHFE tin closed at 398,430 on September 16, up 0.99%, stopping its decline and rebounding. Bulls reduced positions, with the 410,000 level yet to be confirmed [SMM Tin Morning News]

[SMM Tin Morning Update: LME tin inventory at 4,890 mt, down 230 mt; September FOMC rate hike almost certain, watch for decision]

2 hours ago

SHFE tin rose 1.24% overnight to close at 400,240, with the 400,000 level becoming new support [SMM Tin Morning Meeting Summary]

[SMM Tin Morning Meeting Summary: SHFE tin rose 1.24% overnight to close at 400,240, with the 400,000 level becoming new support]

2 hours ago