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[SMM afternoon Review] Tin prices in Shanghai are rising and sticking water is suitable for traders to purchase some goods.

iconJul 27, 2020 11:44
Source:SMM

SMM7 March 27:

On the spot market, it is quoted at 141000-145000 yuan / ton today. The tin market in Shanghai rose, and the average net price rose 750 yuan / ton. Futures rose faster, the early part of the small-brand discount enlarged, the hedger willingness to receive goods has improved compared with last week, some traders meet bargain replenishment. The absolute price is high, there is still a small amount of rigid demand downstream, and the overall turnover in the Shanghai tin market is mediocre. Liter discount, near Yunxi Pingshui for Shanghai tin 2009 contract, Yunzi paste 500yuan / ton to Pingshui, small card paste 3000 yuan / ton.

In the afternoon

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