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[SMM afternoon Review] the center of gravity of the futures market has shifted downwards. Traders receive a small amount of goods.
Jul 20,2020 11:56CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 20:

On the spot market, today's quotation is 139000 won 142000 yuan / ton. Shanghai tin noodles fell somewhat this morning compared with Friday morning, with the average online price down 500 yuan / ton. Although spot prices have fallen, they are still high, manufacturers ship goods generally, downstream just need to purchase; the discount is more appropriate, traders receive a small amount of goods, and the overall trading atmosphere in the Shanghai-tin spot market is general. Liter discount, the Shanghai tin 2009 contract set Yunxi 500 million / ton, Yunzi flat water to 500 yuan / ton, small brand discount about 1500 yuan / ton.

In the afternoon

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