[SMM afternoon Review] the price of Shanghai tin has fallen and the spot transaction has improved.

Published: Jul 30, 2020 11:44

SMM7 March 30:

On the spot market, it is quoted at 145000-149000 yuan / ton today. The center of gravity of tin noodles in Shanghai was lower than yesterday morning, and the net price fell 1000 yuan / ton. Spot prices have fallen, smelter transactions have improved slightly, but prices are still high, downstream willingness to purchase has not fully recovered. The trading atmosphere in the Shanghai tin spot market is general, slightly better than yesterday. Liter discount, for Shanghai tin 2010 contract set near Yunxi Pingshui, Yunzi paste around 500yuan / ton, small card sticker is 2000-2500 yuan / ton.

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