Shortage of spot in Shanghai tin market, light trading

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This morning, the main Shanghai tin 2107 contract continued the upward swing from Friday's overnight session, and closed at RMB 197,860/mt by midday break. Shanghai tin spot is still short, because of the futures price upward, the margin of appreciation compared to last Friday slightly downward, the mainstream offer: cloud tin to 2107 contract appreciation of 800-1000 yuan / ton, ordinary cloud word appreciation of about 600 yuan / ton, small brand appreciation of about 400-500 yuan / ton. Tin prices are high, and the shortage of supplies, Shanghai tin spot market trading is light.

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Shortage of spot in Shanghai tin market, light trading

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  • by Published on 2022-12-02 13:33:57
  • Reprinted with permission:https://www.morpholine.cc/11194.html
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