Published: May 20, 2024 17:50
【Brief Comment on SHFE Tin Futures: SHFE Tin Prices Rose Sharply in the Morning, Spot Market Transactions Were Cold】SHFE tin prices rose sharply in the morning and then fell back. The willingness of trading companies to quote prices was relatively low, and the sharply rising tin prices at the opening suppressed downstream companies' willingness to buy. Most trading companies made sporadic transactions or no transactions, while a few companies made around one truckload of transactions. Overall, spot market transactions were relatively sluggish today. SHFE tin warehouse receipts increased by 251 tons to 17,471 tons, while LME tin inventory increased by 65 tons to 5,000 tons.

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