[SMM comment] the frequency of Shanghai and tin is at an all-time high. Non-ferrous metals generally float red, gold and silver rise by more than 1%.

SMM8 March 12: the LME metal market is up and down today. By about 09:30, Lun Copper is down nearly 0.1%, Lun Aluminum and Lun Ni are up nearly 0.1%, Lun lead and Lun Zn are down nearly 0.3%, and Lunxi is flat. Domestically, most of the non-ferrous metals are red, international copper and Shanghai copper are up nearly 0.3%, Shanghai aluminum is down nearly 0.2%, Shanghai lead is up nearly 0.2%, Shanghai zinc is up nearly 0.9%, and Shanghai nickel is up nearly 3.3%, the international copper and Shanghai copper are up nearly 0.3%, Shanghai aluminum is down nearly 0.2%, Shanghai lead is up nearly 0.2%, Shanghai zinc is up nearly 0.9%, and Shanghai nickel is up nearly 3.3%. Shanghai tin rose nearly 2%. For the black system, the thread fell nearly 0.3%, the hot coil fell nearly 0.8%, the coking coal rose nearly 0.4%, the coke rose nearly 0.8%, the iron ore fell nearly 1%, and the stainless steel rose nearly 1.3%. In the previous period, crude oil rose nearly 1.4%, while Shanghai Gold and Shanghai Silver rose nearly 1.1%.

Among them, Shanghai tin recently hit a new high, after the opening of the night trading yesterday, bullish funds once again opened a strong performance, increasing positions uplink to create a new high. The position was gradually reduced in the second half of the night trading, and the price reached a new high again before the close, and finally closed around 232300. From the perspective of fundamental analysis, the recent low inventory and warehouse receipts in the spot market still exist, and the resulting price-up effect continues to ferment. On the other hand, from the market trend analysis, long and short parties re-enter after some trimming, indicating that the two sides have great differences on the follow-up trend. Taken together, the trend in the later stage depends on the coping strategy of short funds in the current unfavorable situation. It is difficult to grasp the pressure above the price breaking through the high point and continuing to set a new high, and the support below is temporarily referred to around 240000.

As of 09:30, the status of contracts in the metals and crude oil markets:

"Click to see more SMM metal prices.

"[SMM Metal Morning ginseng] US Dollar weakens, Metals generally rise, Shanghai Tin brushes New highs again | the scale of reduction in electrolytic aluminum production expanded during the year.

[minutes of SMM Copper Morning meeting] the inflationary pressure has eased, and copper has been boosted to stop falling and rebounding.

[summary of SMM Aluminium Morning meeting] the scale of electrolytic aluminum production limit increases and Shanghai aluminum maintains high shock.

[minutes of SMM lead Morning meeting] the market tension only needs to ease the slight rise in lead prices.

[minutes of SMM Zinc Morning meeting] short-term contradictions highlight that zinc prices are easy to rise but difficult to fall.

[view of SMM Steel Morning meeting] Coke market has started the third round of rising market sentiment.

[summary of SMM Cobalt Lithium Morning meeting] the production and sales of new energy vehicles in China hit a record high and the price of cobalt salt gradually fell.