[SMM afternoon Review] the trading atmosphere in the spot market is lukewarm when tin prices rise in Shanghai.

SMM7, March 3:

On the spot market, today's quotation is 139000 won 141500 yuan / ton. Shanghai tin trading continued last night after the opening, 08 contract briefly broke through the 140000 yuan / ton pressure line, spot prices followed the rise, the average net price rose 1000 yuan / ton. Prices have been in a high position in recent days, superimposed today, the willingness to receive goods downstream is weaker, and the trading atmosphere in the Shanghai tin spot market is cold. In terms of discount, Yunxi rose about 1500 yuan / ton for Shanghai tin 2008 contract, about 1000 yuan / ton for ordinary Yunzi, and about flat water for small brands.