[SMM afternoon Review] the center of gravity of tin noodles in Shanghai is generally willing to receive goods downstream.

Published: Jul 9, 2020 11:40

SMM7 March 9:

On the spot market, today's quotation is 139500 won 141500 yuan / ton. The center of gravity of tin noodles in Shanghai today has moved down compared with yesterday morning, and the average net price has been reduced by 250 yuan / ton. Although the spot price of tin in Shanghai has declined, it is still at a high level, and the downstream willingness to receive goods remains at a general level and just needs to be purchased. Traders have a strong willingness to ship goods and low willingness to receive goods. The overall trading atmosphere in the spot market is generally weak. In terms of the liter discount, the Shanghai tin 2008 contract suites Yunxi 500 won 1000 yuan / ton, Yunzi level up to 500 yuan / ton, and small brand discount 1000 yuan / ton.

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[SMM afternoon Review] the center of gravity of tin noodles in Shanghai is generally willing to receive goods downstream. - Shanghai Metals Market (SMM)