[SMM afternoon Review] Tin prices in Shanghai hit a new high and trading in the spot market was cold.

Published: Jul 28, 2020 12:00

SMM7 March 28:

On the spot market, it is quoted at 146000-150000 yuan / ton today. The tin market in Shanghai rose again, and the average net price rose 5000 yuan / ton. The absolute price is too high, the downstream demand is cold; the increase is large, traders worry about market risk, take a wait-and-see attitude, the overall Shanghai tin spot market turnover is cold. Liter discount, the Shanghai tin 2009 contract Yunxi rose 500 yuan / ton, near Yunzi Pingshui, small card sticker 3000 yuan / ton.

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[SMM afternoon Review] Tin prices in Shanghai hit a new high and trading in the spot market was cold. - Shanghai Metals Market (SMM)