[selection of SMM Weekly report] the tin plate in Shanghai is generally promoted first and then suppressed in the near future, and the import of tin ore remains relatively stable in the near future.

Published: May 23, 2020 08:44

"SMM Tin Industry chain Weekly report" is released. SMM will select hot topics, prices, quotations or major changes in the industry chain and release information for your reference.

The following is an excerpt from the weekly report of SMM tin industry chain:

 

This week, the spot price of Shanghai tin follows the overall trend of Shanghai tin market, which rose sharply at the beginning of the week and once made up for the decline since mid-March. Shanghai tin spot prices rose obviously, and some traders made purchases. Spot rising water range downward, downstream enterprises due to fear of heights and other factors to maintain a wait-and-see mentality just need to buy.

Tin fell in Shanghai on Friday, while spot prices rose, but the overall price was still lower than in the previous period. The overall transaction atmosphere in the Shanghai-tin spot market this week is mediocre. In terms of rising discount, affected by the market fluctuation, the rising water range of the week showed a trend of first decreasing and then increasing. On Friday, the price of Yunxi in the Shanghai tin 2007 contract rose around 4500mur5000 yuan / ton, the ordinary Yunzi rose around 4000mur4500 yuan / ton, and the small brand rose around 3500 yuan / ton.

Recent tin imports have maintained a relatively stable situation, according to market participants expect short-term tin imports may continue to maintain a relatively tight supply. The performance of processing fees is relatively stable.

 

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Catalogue of "SMM Tin Industry chain Weekly report" in this issue

Main points of this issue's weekly report

Futures trend

Spot market

Review of tin ingot market

Summary of Raw material Market

Profit and loss on import and export of refined tin

Outlook for the future

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[China Tin Industry chain High-end report] China Tin Industry chain monthly report includes macro interpretation, monthly tin price review, hot event interpretation and future forecast of various sections of the tin industry chain (tin ingots, tin mines). And release monthly relevant enterprise operating rate and inventory survey and other data, covering the entire tin industry chain.

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

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.

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