[SMM afternoon Review] Tin prices rose again in Shanghai and the market turnover was lukewarm.

Published: Jul 22, 2020 11:25 (GMT+8)

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SMM7 March 22:

On the spot market, today's quotation is 140500 RMB143500 per ton. The tin market in Shanghai is up about 1500 yuan / ton compared with yesterday morning, and the average net price is up 1000 yuan / ton. Spot prices are higher than yesterday, and the willingness to receive goods downstream is still not high. On the one hand, futures pull up the early hedging goods are tied up, on the other hand, downstream demand is still not significantly improved, hedges are not willing to receive goods. The overall Shanghai-tin spot trading atmosphere is cold. Liter discount, on the Shanghai tin 2009 contract set Yunxi 500 Mel 1000 yuan / ton, near Yun Zi Pingshui, small brand discount 2000 yuan / ton nearby.

In the afternoon

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