[SMM afternoon Review] A small amount of goods are received by tin high-level concussion hedge dealers in Shanghai.

Published: Jul 29, 2020 11:45

On the 29th of the month of SMM7:

On the spot market, it is quoted at 146500-149500 yuan / ton today. The tin market in Shanghai has not changed much compared with yesterday morning, and the average net price is flat. Spot prices are still high, downstream willingness to receive goods is not strong, rigid demand for procurement. In part of the time, the rising water is in line with the psychological price of the hedges, traders receive a small amount of goods, and the overall trading atmosphere of the Shanghai tin spot market is general. Liter discount, to Shanghai tin 2010 contract near Yunxi Pingshui, Yunzi sticker to Pingshui, small card sticker 2500-3000 yuan / ton.

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