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Home / Metal News / [SMM afternoon Review] traders are more willing to receive goods when they rise in tin trading in Shanghai.

[SMM afternoon Review] traders are more willing to receive goods when they rise in tin trading in Shanghai.

iconJul 21, 2020 11:34

SMM7 March 21:

On the spot market, today's quotation is 139500 RMB142500 per ton. The tin market in Shanghai is up about 1000 yuan / ton compared with yesterday morning, and the average net price is up 500 yuan / ton. Spot prices are higher than yesterday, and buying downstream is in general. Early afternoon prices rise, rising discount is more appropriate, traders are more willing to receive goods, there are a small number of goods. The overall Shanghai-tin spot trading atmosphere is general. Liter discount, on the Shanghai tin 2009 contract set Yunxi rise 500mur1000 yuan / ton, Yunzi Pingshui near, small brand discount 1500mur2000 yuan / ton.

In the afternoon
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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