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[SMM afternoon Review] the discount on the current price increase in Shanghai and tin period makes traders actively accept goods.

Published: Jul 13, 2020 11:44

SMM7 March 13:

On the spot market, today's quotation is 141000muri 143500 yuan / ton. The tin market in Shanghai rose sharply this morning, with the average online price rising by 2250 yuan / ton. The price is high and the downstream of the market just needs to purchase. The spot rising water narrows the discount enlarges, the trader accepts goods is higher, the overall spot market transaction atmosphere is general. Liter discount, to Shanghai tin 2008 contract set Yunxi flat water to rise 500 yuan / ton, cloud word flat water near, small brand discount 2500 yuan / ton nearby.

In the afternoon

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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[SMM afternoon Review] the discount on the current price increase in Shanghai and tin period makes traders actively accept goods. - Shanghai Metals Market (SMM)