[SMM afternoon Review] the focus of the futures market continues to shift downwards, and turnover in the spot market is weak.

SMM7 March 16:

On the spot market, today's quotation is 139500 won 142000 yuan per ton. Shanghai tin noodles this morning are down about 1500 yuan / ton compared with yesterday morning, and the average net price is down 750yuan / ton. Spot prices decline, but downstream buying is difficult to flourish, rising stickers are not ideal, traders hold a wait-and-see attitude, manufacturers' shipments are still general, and the overall trading atmosphere in the Shanghai-tin spot market is generally weak. In terms of liter discount, Yunxi rose about 1000 yuan / ton for Shanghai tin 2009 contract, around 500 yuan / ton for Yunzi, and about 1500 yuan / ton for small brands.