On October 25, the BPI of the Commodity Price Index was 808 points, which was the same as on October 24. It was a decrease of 20.71% from the highest point in the cycle of 1019 points (2012-04-10) and 660 points from the lowest point on February 3, 2016. An increase of 22.42%. (Note: Period refers to 2011-12-01 till now).

The Tin Commodity Index on October 25 was 74.42, the same as on October 24. It was a drop of 25.77% from the highest point in the cycle of 100.25 points (2011-09-05), and an increase of 73.64 from the lowest point of 42.86 points on December 9, 2015 %. (Note: Period refers to 2011-09-01 to present).

In late New York trading, the U.S. dollar index fell 0.22% to 92.7367, down 1.03% this week; offshore renminbi rose 0.06% against the U.S. dollar, and USDCNH reported 6.6668; six ministries and commissions including the National Development and Reform Commission, the Ministry of Industry and Information Technology, and the Ministry of Science and Technology issued documents to support private enterprises in accelerating reform, development, and transformation. , Requiring continued tax cuts and fee reductions, and increased credit support for private enterprises; The Fifth Plenary Session of the Nineteenth Central Committee was held behind closed doors on Monday, and issues such as the '14th Five-Year Plan' and'dual cycle' have attracted attention; (As of 3 a.m. Beijing time on October 24th, spot Brent closed at $41.235/barrel, down $0.28 from the previous trading day, or 0.67%; WTI closed at $39.85/barrel, down $0.79 from the previous trading day, A decline of 1.94%. Affected by this, the LME outer metal market was green across the board, with LME copper falling 0.48%, LME aluminum falling 0.30%, LME zinc falling 0.74%, LME nickel falling 1.23%, LME tin falling 1.21%, and LME lead falling 0.84% ; The domestic metal futures market generally fell. Shanghai copper fell 0.42%, Shanghai aluminum rose 0.17%, Shanghai zinc fell 0.73%, Shanghai lead fell 1.00%, Shanghai nickel fell 1.04%, Shanghai tin fell 1.12%, thread fell 1.3%, stainless steel Fell 1.47%.

LME tin trend: LME tin closed at $18,410/ton, down $225/ton.
Shanghai tin trend: The main Shanghai tin contract in the night trading closed at 144,430 yuan/ton, down 1,640 yuan/ton.

The spot tin market has insufficient upward momentum, and downstream on-demand purchases are the mainstay. The fear of heights is strong. It is expected that the spot price will consolidate at a high level.

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