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[SMM Weekly report selected] Tin imports decreased by about 44% month-on-month in August. It is expected that tin will still be in short supply in September.

iconSep 26, 2020 11:14
Source:SMM
[selected SMM Weekly] from the beginning of this week to Wednesday morning, the price of Shanghai tin fluctuated, and the US dollar rose sharply on Wednesday, with a general setback in the metal market. Shanghai tin fell with the futures price on Wednesday afternoon, and tin price reached a recent low on Thursday and Friday, with a small brand of about 140500 yuan / ton. By Thursday, the downstream delivery was more active, the market supply was less, the demand was more, and the sticking water rose somewhat. The set price of Yunxi rose 1500 yuan / ton against the Shanghai tin futures 2011 contract, Yunzi rose 500-1000 yuan / ton, and the small card rose around 500 yuan / ton.

"SMM Tin Industry chain Weekly report" is released. SMM will select hot topics, prices, quotations or major changes in the industry chain and release information for your reference.

The following is an excerpt from the weekly report of SMM tin industry chain:

 

The price of Shanghai tin fluctuated from the beginning of this week to Wednesday morning, and the US dollar rose sharply on Wednesday. The metal disk was completely frustrated. Tin prices in Shanghai fell with the futures price on Wednesday afternoon, and tin prices reached a recent low on Thursday and Friday. The small card is about 140500 yuan / ton. By Thursday, the downstream delivery was more active, the market supply was less, the demand was more, and the sticking water rose somewhat. The set price of Yunxi rose 1500 yuan / ton against the Shanghai tin futures 2011 contract, Yunzi rose 500-1000 yuan / ton, and the small card rose around 500 yuan / ton.

Customs data released that imports of tin mines decreased by about 44% month-on-month in August, or about 2000 metal tons, and it is estimated that tin mines will still be in short supply in September. Tin mine shortages are expected to remain low until October this year. Processing fees are generally depressed, and some smelters have stopped production and reduced production.

 

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Catalogue of "SMM Tin Industry chain Weekly report" in this issue

Main points of this issue's weekly report

Futures trend

Spot market

Review of tin ingot market

Summary of Raw material Market

Profit and loss on import and export of refined tin

Outlook for the future

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[China Tin Industry chain High-end report] China Tin Industry chain monthly report includes macro interpretation, monthly tin price review, interpretation of hot events such as various sections of the tin industry chain (tin ingots, tin mines), and future forecasts, and Synchronize releases monthly relevant enterprise operating rate and inventory survey data, covering the entire tin industry chain.

[China Tin Industry chain routine report] China Tin Industry chain Weekly report includes macro interpretation, weekly tin price review, market trends such as various sections of the tin industry chain (tin ingots, tin mines), weekly social inventory, and future forecasts. a comprehensive interpretation of the tin market during the week.

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