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[SMM afternoon Review] the center of gravity of the futures market shifted slightly downwards, and the spot market traded coldly.
Jul 14,2020 11:45CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 14:

On the spot market, today's quotation is 140500 RMB143500 per ton. Shanghai tin noodles first suppressed and then rose this morning, the price level was lower than yesterday, and the average net price fell 250 yuan / ton. Prices are still high, the lower reaches of the market just need to purchase, traders receive a small number of goods, the overall spot market trading atmosphere is generally weak. Liter discount, the Shanghai tin 2008 contract set Yunxi rose about 500yuan / ton, near Yunzi Pingshui, small-brand discount 2000mil 2500 yuan / ton.

In the afternoon

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