Page 2 - Tin Mining News Today

Investegate announcements from AfriTin Mining Ltd, Result of Placing and Subscription

SP Angel . Morning View . Friday 16 09 22Rising US yields drive US$ index higher weighing on commodities pricesMiFID II exempt information –...

[selected SMM tin weekly report: the spot tin price remains stable during the week.] this week, Shanghai tin rebounded slightly in 2205 weeks and rebounded slightly. By Friday's close, the cumulative weekly price volatility was-0.75%, and the total increase or decrease in position difference was-4400 hands. The trend of Lunxi has rebounded synchronously this week, closing at $43400 a tonne on Thursday, with weekly volatility of-0.3 per cent as of press time. On the demand side, downstream s...

Investegate announcements from AfriTin Mining Ltd, Issue of Share Options

FTSE 100 shrugged off the escalation of the fighting in Ukraine as surging crude prices lifted oil stocks while housebuilders were boosted by results from...

[SMM Tin Weekly selection] Shanghai Tin 2203 shock strength this week, as of Friday's close, weekly cumulative price increase of + 1.46%, total position difference increase or decrease of-2655 hands. The price trend of Lunxi Synchronize was strong this week, closing at US $43950 / ton on Thursday, with weekly price volatility of + 0.68% as of press time. The Shanghai-Lun ratio fluctuated to around 7.57. As of Friday, Lunxi inventory 2370 tons, LMEcash contract to maintain a rise of about 14...

The trend of Shanghai and tin is strong this week, and the price is as high as 340760 yuan / ton before the contract is refreshed again. As the holiday demand of downstream enterprises weakens gradually next week, the increase in short-term supply will bring pressure on prices, but at this stage, the sustained low level of inventory still has a strong support for prices, so it is expected that the short-term trend will remain high and volatile.

The trend of Shanghai and tin is strong this week, and the price is as high as 340760 yuan / ton before the contract is refreshed again. As the holiday demand of downstream enterprises weakens gradually next week, the increase in short-term supply will bring pressure on prices, but at this stage, the sustained low level of inventory still has a strong support for prices, so it is expected that the short-term trend will remain high and volatile.

Shanghai and tin showed a strong trend this week, with prices once again refreshing the contract high to a high of 318540 yuan / ton. From the perspective of financial performance, the strong rise in prices attracted only a small amount of capital, indicating that the market is still afraid of heights.

The trend of the main contract in Shanghai and tin is too volatile this week, and reached a new contract high on Friday (January 7). Domestic warehouse receipt inventory continues to increase steadily, as the current spot price is still discounted in the main contract price of the delivery month, the market is expected to be more willing to deliver.